In a significant development, Nisaba Godrej, executive director of Godrej Consumer Products (GCPL) and younger daughter of Godrej Group Chairman Adi Godrej, has been appointed executive chairperson of the company, effectively passing the baton to her.
The move, effective May 10, will see her father take up a non-executive role as chairman emeritus of the company, with GCPL Managing Director and Chief Executive Officer Vivek Gambhir reporting to Nisaba, better known as Nisa, who is 38 years old.
Adi Godrej will remain chairman of Godrej Industries, the holding company of the group.
“It has been a privilege
The move, effective May 10, will see her father take up a non-executive role as chairman emeritus of the company, with GCPL Managing Director and Chief Executive Officer Vivek Gambhir reporting to Nisaba, better known as Nisa, who is 38 years old.
Adi Godrej will remain chairman of Godrej Industries, the holding company of the group.
“It has been a privilege