
Coca-Cola India and South West Asia President and CEO Atul Singh
Atul Singh, Coca-Cola's India and South West Asia CEO and President, has been promoted by the company as Deputy President of the Pacific Group with effect from July 1.
Singh would now be responsible for the Greater China Korea (GC&K) and India and Southwest Asia (INSWA) Business Units.
"Atul Singh, currently President and CEO, India and South West Asia BU (business unit), will take over as Deputy President, Pacific Group. In his new role, he will have responsibility over the Greater China and Korea (GC&K) and India and Southwest Asia (INSWA) Business Units," Coca-Cola said in a statement.
Singh is the first Indian to rise to such a senior level position in global structure of the Atlanta-based beverages major, which had clocked a total turnover of $48 billion in 2012.
Under his leadership, the India operations registered 27 consecutive quarters of growth, of which 19 have been quarters of double-digit growth.
Singh has led the INSWA Business Unit, comprising key markets India, Nepal, Bhutan, Bangladesh, Sri Lanka and Maldives Coca-Cola for nearly eight years.
Under the new role, his focus will largely be on the Greater China besides the Korea Business Unit that also includes Taiwan, Mongolia and Hong Kong and Macau.
Coca-Cola said there was enormous growth opportunities in China, with its uniquely competitive beverage landscape.
"Singh will continue to report to Coca-Cola International President Ahmet Bozer," it said.
The beverage giant further said Venkatesh Kini, currently Senior Vice President (Operations) India region, has been elevated as Deputy Business Unit President, India and South West Asia (INSWA) Business Unit.
"In his new role, Venkatesh will have oversight for all the Business Unit's operations and functional leadership. The entire senior functional leadership of the INSWA Business Unit will now report to Venkatesh Kini," the company statement said.
Kini will continue to report to Atul Singh.
Before taking over as the Senior Vice President, India Operations, Kini served as the Vice President Marketing for Global Juice, based in Atlanta.
With inputs from PTI