She succeeds Sanjeev Kumar, who takes over as Director Finance, Coca-Cola West Africa
Gurgaon, July 19, 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 heads to Africa as 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 be based 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.
About Coca-Cola India
Coca-Cola India is one of the country’s leading beverage companies, offering a range of healthy, safe, high quality, refreshing beverage options to consumers. Since its re-entry in 1993, the company has been refreshing consumers with its beverage products – Coca-Cola, Coca-Cola Zero, Diet Coke, Thums Up, Fanta, Fanta Green Mango, Limca, Sprite, Sprite Zero, Maaza, VIO flavoured milk ‘Almond Delight’ and ‘Kesar Delight’, Minute Maid range of juices, FUZE Iced tea, Georgia and Georgia gold range of hot and cold tea and coffee options, Schweppes, Kinley and Bonaqua packaged drinking water and Kinley Club Soda. The Company along with its bottling partners, through a strong network of over 2.6 million retail outlets, touches the lives of millions of consumers, at a rate of more than 500 servings per second. Its brands are some of the most preferred and most sold beverages in the country – Thums Up and Sprite – being the top two selling sparkling beverages.
The Coca-Cola India system provides direct employment to 25,000 people and indirect employment to more than 150,000 people. The Coca-Cola system in India is contributing in its own small way to building sustainable communities through community initiatives like Support My School, VEER, Parivartan and Unnati and by reducing its own environmental footprint. For further information on the company’s India operations and its products, please visit: www.coca-colaindia.com. Follow us on twitter at twitter.com/CocaCola_Ind, or on facebook.