COCA-COLA APPOINTS SARVITA SETHI AS VICE PRESIDENT-FINANCE

COCA-COLA APPOINTS SARVITA SETHI AS VICE PRESIDENT-FINANCE, INDIA AND SOUTH WEST ASIA

She succeeds Sanjeev Kumar, who becomes Director Finance, Coca-Cola West Africa

Gurgaon, July 2016: Coca-Cola today announced the appointment of Sarvita Sethi as Vice President - Finance, for India and South West Asia. She takes over from Sanjeev Kumar, who now takes on the role of Director Finance, Coca-Cola West Africa. Sarvita will report to Venkatesh Kini, President, Coca-Cola India and South West Asia. The India and South West Asia Business Unit of The Coca-Cola Company includes Nepal, Bhutan, Bangladesh, Sri Lanka and Maldives besides India.

 

Sanjeev Kumar, a 20 year veteran of The Coca-Cola Company and a part of the team that reintroduced Coca-Cola in India in 1993, will now head the Finance Operations for 31 countries in the Coca-Cola West Africa Business Unit. He will report to Peter Njonjo, President, Coca-Cola West Africa Business Unit.

 

Announcing these movements, Venkatesh Kini, President, Coca-Cola India and South West Asia, said, “These changes are in line with our goal of promoting and developing Coca-Cola leaders and also maintaining a steady pipeline of senior talent in the system. One of the reasons people value The Coca-Cola Company, is for its ability to give them cross culture and cross geography experience, and both these leaders exemplify that. I take this opportunity to recognize Sanjeev’s role in streamlining and leading key changes in the Finance function for the company in India and South West Asia. I wish him the very best as he takes up a very challenging new assignment in a continent that is one of the growth engines of the world. I also welcome Sarvita Sethi to India. Her solid

 

credentials in finance coupled with her cross-sector experience, position her well to lead the function across South Asia and India.”

 

Sarvita will relocate from Athens to bebased out of Gurgaon, for her new role. Sarvita has been a part of the Coca-Cola system for 8 years and most recently, she was the Commercial Finance Director for the Coca-Cola Central & Southern Europe (CSE) Business based in Athens. During this 3 year stint, Sarvita played an instrumental role in the recovery of the CSE business.

 

Prior to her CSE role, Sarvita was the Commercial Finance Director - Great Britain & Ireland, based in London. Before joining The Coca-Cola Company, Sarvita has worked in Retail, Quick Service Restaurants and Marketing organizations, in Strategy, Marketing, Trading &Finance roles. Sarvita is a Chartered Accountant and also holds BSc. (Joint Honors) in Economics & Accountancy from City University, UK.

 

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