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Castrol India Limited on Wednesday announced the appointment of Kedar Lele as company's new Managing Director, effective 1 November 2024.
Kedar has joined Castrol India after a two-decade-long career at Hindustan Unilever Limited (HUL), where he last served as the Executive Director of the company, responsible for sales and customer development, South Asia.
Rakesh Makhija, Chairman, Castrol India Limited, said, "We are delighted to welcome Kedar to Castrol India. His vast experience in driving growth and leading large teams in complex markets makes him an outstanding choice to lead Castrol India. I would also like to take this opportunity to thank Sandeep for his exceptional leadership over the past few years. His contributions have been invaluable in strengthening our position in the market, and we wish him success in his new global role".
Kedar Lele, Managing Director, Castrol India Limited, said, "Castrol is a widely recognised brand in the lubricants industry, and I am very excited to lead Castrol India in its next leg of growth and transformation. A key priority for me will be to continue to expand our portfolio coupled with effective deployment models to drive business growth. We will continue to use our trusted brand, innovative product portfolio, and cutting-edge technology to stay at the forefront of India’s mobility sector. My experience of working with different categories and geographies has prepared me well to build winning teams while cultivating a spirit of innovation and discipline of execution excellence that aligns with Castrol’s ambitious growth plans".
Kedar has been working closely with the outgoing Managing Director, Sandeep Sangwan, since 1 September 2024 to ensure a seamless leadership transition.
As part of the leadership shift, Sandeep will assume the role of Global Chief Marketing Officer at Castrol headquarters in London from 1 November 2024.
The leaders highlighted how AI is emerging as a critical enabler in this shift from marketing’s traditional focus on new customers to a more sustainable model of driving growth from existing accounts.
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