PepsiCo India announced on Friday that Savitha Balachandran has been appointed as chief financial officer for India and South Asia. She will succeed Kaushik Mitra, who is set to retire on April 15 after 24 years with the company.
The company stated that Balachandran will assume the role following a structured transition period. In her new position, she will oversee the finance function across India and South Asia, guiding financial strategy, governance, and performance management.
“Savitha will work closely with the leadership team to support PepsiCo’s long-term growth agenda in India, one of the company’s key anchor markets,” the company said.
Balachandran previously served as chief financial officer at Tata Technologies, where she played a pivotal role in shaping the company’s financial strategy, driving profitable growth, and leading its initial public offering in 2023. She has also held senior finance leadership roles at Tata Motors.
Mitra, during his tenure, provided financial leadership across senior roles in India and the Asia Pacific region. PepsiCo India wished him the best as he pursues further academic credentials and a career as an author.
PepsiCo’s portfolio in India includes food brands such as Kurkure, Lays, and Quaker Oats, along with beverages including Pepsi and Mountain Dew.
