PepsiCo India announced on Thursday that its India Region President Manu Anand has quit the company with immediate effect after working with the company for 19 years.PepsiCo India
spokesperson said in a statement, "PepsiCo India Region President Manu Anand has decided to join another company and is leaving PepsiCo. His successor will be announced in due course."
Anand could not be reached for comments.
Following the development, PepsiCo India CEO (Beverages) Gautham Mukkavilli and PepsiCo India CEO (Foods) Praveen Someshwar will now directly report to PepsiCo AMEA (Asia, Middle East and Africa) head Saad Abdul Latif.
Anand became chairman of PepsiCo's India Region in January 2011. In this role, he was responsible for the company's beverage and foods businesses in India and neighbouring South Asian countries except Pakistan.
He had joined PepsiCo in 1994 as CFO, Frito-Lay India, and in 1998 assumed the role of Managing Director of Frito-Lay Business of PepsiCo India Holdings Ltd, the company said.
More recently, he served as General Manager, South East Asia Business Unit of PepsiCo from 2007 to 2010, prior to assuming his current role, it added.
In 2011, Anand had succeded Sanjeev Chadha who moved to PepsiCo's Middle East and Africa operations.With PTI inputs