Raymond Lifestyle Limited has announced the appointment of Satyaki Ghosh as its new Chief Executive Officer. This strategic move is part of the company's ongoing transformation efforts to strengthen its organization for future growth.

Satyaki Ghosh brings over 25 years of extensive experience across FMCG, textiles, retail, and consumer businesses, with expertise in both B2B and B2C sectors. Prior to joining Raymond Lifestyle, he held significant leadership roles at the Aditya Birla Group, including CEO of Cellulosic Fashion Yarn at Grasim Industries and CEO of Domestic Textiles, where he managed multi-country operations and complex global manufacturing footprints.

Gautam Hari Singhania, Chairman of Raymond Group, expressed his confidence in Ghosh's appointment, stating that it comes at a crucial inflection point for the business, which is poised for growth and transformation. He highlighted the rising domestic consumption in India and evolving geopolitical developments as opportunities for the Lifestyle business.

Ghosh, in his new role, aims to focus on consumer centricity, innovation, and sharpening the company's offerings to create significant value. Earlier in his career, he spent over seven years with L'Oréal India, holding senior leadership positions.

Additionally, Raymond Lifestyle has recently onboarded E.C. Prasad, who will assume the position of CFO in an upcoming Board Meeting.