Raymond Lifestyle Ltd has announced the appointment of Satyaki Ghosh as its Chief Executive Officer, reinforcing the company’s leadership as it accelerates its next stage of growth and transformation. The move comes as Raymond Lifestyle continues to scale its lifestyle portfolio and strengthen its organisational capabilities.
Ghosh joins Raymond Lifestyle from the Aditya Birla Group, where he most recently served as Chief Executive Officer – Cellulosic Fashion Yarn at Grasim Industries. In this role, he led a manufacturing-driven business with a strong emphasis on operational excellence, sustainability and profitability, according to the company.
Earlier, he was Chief Executive Officer – Domestic Textiles at the Aditya Birla Group and also headed the Thai Acrylic Fibre business, managing multi-country operations and global manufacturing facilities. With over 25 years of experience, Ghosh has worked across FMCG, textiles, retail and consumer sectors in both B2B and B2C environments.
Ghosh has also spent more than seven years at L’Oréal India, where he held senior leadership positions including Director – Consumer Products Division, overseeing leading brands such as L’Oréal Paris, Garnier and Maybelline.
Commenting on the appointment, Gautam Hari Singhania, Chairman, Raymond Group, said, “Satyaki is joining Raymond Lifestyle at a crucial inflection point wherein the business is poised for growth and transformation with a plethora of opportunities across the sector. With domestic consumption in India rising rapidly and the evolving geopolitical developments opening up new horizons in international markets, our Lifestyle business is poised for growth in long term. Satyaki’s on-boarding will unleash fresh energy and passion across the business and its stakeholders.”
Sharing his thoughts, Satyaki Ghosh, CEO, Raymond Lifestyle, said, “I am delighted to be joining an iconic Indian brand with a rich legacy of over a century which has been integral to the Indian identity and promises new avenues for growth. With a focus on consumer centricity along with innovation and sharpening the offerings, we would contribute meaningfully to larger value creation”
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