Raymond Lifestyle Ltd has appointed Satyaki Ghosh as its Chief Executive Officer as part of its ongoing efforts to strengthen the organisation for its next phase of growth. The company has made the appointment amid its broader transformation initiatives aimed at scaling its lifestyle business.
Ghosh has joined Raymond Lifestyle Ltd from the Aditya Birla Group, where he has most recently served as Chief Executive Officer – Cellulosic Fashion Yarn at Grasim Industries. In that role, he has led a manufacturing-led business with a focus on operations, sustainability and profitability, as per the company’s announcement.
Prior to this, Ghosh has served as Chief Executive Officer – Domestic Textiles at the Aditya Birla Group and has also headed the Thai Acrylic Fibre business, overseeing multi-country operations and global manufacturing units. Across his career spanning over 25 years, he has worked across FMCG, textiles, retail and consumer businesses in both B2B and B2C environments.
Earlier in his career, Ghosh has spent over seven years at L’Oréal India, where he has held senior leadership roles including Director – Consumer Products Division, managing brands such as L’Oréal Paris, Garnier and Maybelline.
“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.”- Gautam Hari Singhania, Chairman, Raymond Group
“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”.- Ghosh, CEO, Raymond Lifestyle
