Future Consumer names Rajnikant Sabnavis as CEO

Future Consumer is the consumer goods arm of Future Group. (AbhijitBhatlekar/Mint)

NEW DELHI : Future Consumer Ltd, part of Kishore Biyani-led Future Group, on Tuesday named Rajnikant Sabnavis as its new chief executive officer, effective January 1, 2020.

Future Consumer is the consumer goods arm of Future Group and sells popular packaged goods brands such as Tasty Treat, Voom fabric care, Karmiq dry fruits, Sunkist beverages and Mother Earth, its organic staples brand, among others.

Future Group veteran Devendra Chawla was heading Future Consumer’s business till July 2017. In the interim, Sadashiv Nayak, CEO, Future Retail, was appointed as the head of the business.

Sabnavis’ appointment as the new CEO underscores the company’s focus on driving sustainable profitable growth by leveraging deep expertise of the management team, the company said in a release on Tuesday.

Sabnavis brings in over three decades of experience across FMCG, having worked with Hindustan Unilever Ltd (HUL) for over two decades. There he held leadership positions across food and home and personal care categories. In his last role, he was COO, Jyothi Laboratories.

“Rajnikant is one of the respected FMCG professionals in the country. He joins us at an exciting time in the Future Consumer’s growth journey. Future Consumer’s ambition is to expand the distribution network of its brands across food, home care, personal care and beauty in general trade over the coming years,” said Ashni Biyani, managing director of Future Consumer Ltd.

Sabnavis is a mechanical engineering graduate from National Institute of Technology, Surathkal with an MBA from SP Jain Institute of Management, Mumbai.

[“source=livemint”]