iD Fresh Food appoints Rajat Diwakar as India CEO; PC Musthafa takes on global CEO role

iD Fresh’s plan for 2024 is to enter new markets, such as Singapore and Australia, while expanding its footprints in the existing markets.

By  Storyboard18Jan 5, 2024 5:55 PM
iD Fresh Food appoints Rajat Diwakar as India CEO; PC Musthafa takes on global CEO role
iD Fresh will also appoint dedicated Business Heads and CEOs for each International market.

iD Fresh Food announced today the appointment of industry veteran Rajat Diwaker as the India CEO. Rajat is an industry veteran with a career spanning over two decades in the FMCG industry. In his last role, he served as the Managing Director of Marico Bangladesh Limited. He is also a director on the board of Foreign Investors’ Chamber of Commerce and Industry (FICCI) Bangladesh.

PC Musthafa, wholed iD Fresh for nearly two decades takes on the role of Global CEO while continuing to serve as the Chairman of the Board of Directors. Musthafa will be responsible for global expansions, building food-tech capabilities, strategic acquisitions, inspiring organizational culture and driving iD Fresh’s innovations for the global market.

As part of its growth strategy, iD Fresh will also appoint dedicated Business Heads and CEOs for each International market. In fact, the company is in the process of hiring its US CEO. Currently, over a third comes from revenues outside India. The plan for 2024 is to enter new markets, such as Singapore and Australia, while expanding its footprints in the existing markets.

Commenting on the latest development, PC Musthafa, Global CEO, iD Fresh Food, said, “iD Fresh’s journey so far has been incredibly rewarding, and we continue to make tremendous strides. I am delighted to welcome Rajat Diwaker to the iD Fresh family. Under his able and forward-looking leadership, I’m confident that we will scale new heights and win more hearts in the years to come. And as we embark on new adventures, I am thrilled to lead the brand into new global markets, driven by the incessant consumer love that we have garnered over the years.”

First Published on Jan 5, 2024 5:55 PM

More from Storyboard18

Brand Makers

Masayoshi Son sets stage for internal successor selection as SoftBank accelerates AI ambition

Masayoshi Son sets stage for internal successor selection as SoftBank accelerates AI ambition

Brand Makers

Zohran Mamdani's Bollywood-powered campaign wins NYC Mayoral primary

Zohran Mamdani's Bollywood-powered campaign wins NYC Mayoral primary

Brand Makers

WPP Media appoints Sindhuja Rai as Chief Client Officer, APMEA

WPP Media appoints Sindhuja Rai as Chief Client Officer, APMEA

Brand Makers

Supreme Court stays criminal proceedings against Shaadi.com founder Anupam Mittal

Supreme Court stays criminal proceedings against Shaadi.com founder Anupam Mittal

Brand Makers

Kohli bets big on Agilitas; invests Rs 40 crore in former Puma India MD’s sporting venture

Kohli bets big on Agilitas; invests Rs 40 crore in former Puma India MD’s sporting venture

Brand Makers

Elon Musk bans hashtags from ads on X, calls them "esthetic nightmare"

Elon Musk bans hashtags from ads on X, calls them "esthetic nightmare"

Brand Makers

Govt pulls plug on Amitabh Bachchan’s cyber fraud caller tune

Govt pulls plug on Amitabh Bachchan’s cyber fraud caller tune

Brand Makers

Walmart Global CEO Doug McMillon meets PM Narendra Modi

Walmart Global CEO Doug McMillon meets PM Narendra Modi