Future Consumer Ltd appoints Rajnikant Sabnavis as the new CEO
Bengaluru, India – December 04, 2019: Future Consumer Ltd announced Rajnikant Sabnavis as the new Chief Executive Officer from January 1, 2020. Rajnikant Sabnavis comes with over three decades of experience across FMCG, having served with Hindustan Unilever Ltd for over two decades.
Future Consumer Ltd (FCL) is one among the rapid growing Fast Moving Consumer Generation businesses in the Indian market. They are a FMCG 2.0 organisation which is data-oriented, led by contemporary trade and a digitally-enabled circulation system. The company is building brands to obtain the lifetime value of today's Fast Moving
Consumer Generation. Future Consumer is the consumer goods support of Future Group and trades popular packaged product brands such as Tasty Treat, Voom Fabric Care, Karmiq Dry Fruits, Sunkist Beverages and Mother Earth.
A Mechanical Engineering graduate from the National Institute of Technology Surathkal, Sabnavis also holds an MBA degree from SP Jain Institute of Management, Mumbai. Rajnikant Sabnavis is accompanied with his thirty years of experience in generating and leading dynamic Fast Moving Consumer Generation brands all over India. He worked more than twenty decade in Hindustan Unilever Ltd and led major initiative positions across food and home and personal care category. He most recently was working as a Chief Operating Officer at Jyothi Laboratories.
Sabnavis assisted to set up the organisation’s research and expansion and quality team, led innovation pipelines, go-to-market policies and an efficient delivery management system that led to substantial EBIDTA growth, advanced in market share and gross margins in competitive divisions including fabric care.
Remarking on the nomination of Rajnikant Sabnavis, Ashni Biyani the Managing Director of Future Consumer Ltd told the press, "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. Rajnikant brings in deep wisdom in FMCG that will accelerate our journey towards creating a new generation of brands for the Fast Moving Consumer Generation."