Key Announcement

The Board of Directors of Godrej Consumer Products Limited (GCPL) announced the appointment of Aasif Malbari as Managing Director & Chief Executive Officer of the company, effective immediately from August 11, 2026.

Management Changes

  • Aasif Malbari assumes the role of Managing Director & CEO, succeeding Sudhir Sitapati who is stepping down from these positions.
  • Malbari was previously serving as Global Chief Financial Officer and President of Godrej Africa at GCPL.

Background of New MD & CEO

Aasif Malbari has three decades of experience in FMCG and auto industries:

  • Previously Chief Financial Officer at Tata Passenger Electric Mobility
  • Director at Tata Motors Passenger Vehicles
  • Earlier career at Hindustan Unilever across finance and business roles
  • Chartered Accountant and Company Secretary who secured All India First Rank in both CA Intermediate and Final examinations

Performance Highlights Mentioned

During Malbari's leadership of Godrej Africa business:

  • EBITDA margins grew significantly from approximately 9% in FY24 to approximately 15% in FY26
  • Business rapidly grew margin-accretive FMCG portfolio
  • Successfully launched air care category
  • Strengthened legacy Hair Fashion business

Management Commentary

Nisaba Godrej, Executive Chairperson of GCPL:

  • Stated that Malbari brings deep command of GCPL's strategic and operating rhythm as Global CFO
  • Cited his outstanding transformation of Africa business as demonstrating ambitious, disciplined execution rigour
  • Expressed complete confidence in Malbari to accelerate GCPL's growth
  • Thanked Sudhir Sitapati for bold thinking brought to GCPL over the last five years

Aasif Malbari:

  • Expressed gratitude for the appointment
  • Committed to elevating performance in core business while accelerating new category growth
  • Cited GCPL's iconic brands and significant category development opportunities

Company Background Information

Godrej Consumer Products Limited is:

  • A leading emerging markets company focused on health and beauty products
  • Part of Godrej Industries Group with over 125 years legacy
  • Serves 1.4 billion consumers globally
  • Market positions include:
  • Largest Household Insecticide player in India
  • Second largest Household Insecticide player in Indonesia
  • Leader in serving Hair Care needs of women of African descent
  • Number one in Hair Colour in India and Sub-Saharan Africa
  • Number two in Soaps in India
  • Number one in Air Fresheners and Wet Tissues in Indonesia

Effective Date

The appointment of Aasif Malbari as Managing Director & CEO is effective immediately from August 11, 2026.