New Delhi: Raymond Lifestyle Ltd. has announced the appointment of Satyaki Ghosh as its new Chief Executive Officer, as part of the company’s ongoing transformation initiatives aimed at strengthening the organisation for its next phase of growth.
Satyaki Ghosh brings over 25 years of experience across FMCG, textiles, retail, and consumer businesses, with deep expertise in both B2B and B2C environments. He joins Raymond Lifestyle from the Aditya Birla Group, where he most recently served as CEO – Cellulosic Fashion Yarn, Grasim Industries, overseeing a large manufacturing-intensive business focused on operational excellence, sustainability, and profitable growth.
Prior to this, Ghosh held leadership roles as CEO – Domestic Textiles at the Aditya Birla Group and led the Thai Acrylic Fibre business, managing multi-country operations and complex global manufacturing footprints. Early in his career, he spent over seven years at L’Oréal India, serving as Director – Consumer Products Division, managing renowned global brands including L’Oréal Paris, Garnier, and Maybelline.
Commenting on the appointment, Gautam Hari Singhania, Chairman, Raymond Group, said, “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.”
Speaking on his new role, Satyaki Ghosh, CEO, Raymond Lifestyle, said, “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.”
As part of its leadership expansion, Raymond Lifestyle recently on-boarded E.C. Prasad, who is set to assume the CFO position in the ensuing Board Meeting.
With Ghosh at the helm, Raymond Lifestyle aims to leverage its century-long legacy, innovate its product offerings, and strengthen consumer-centric growth strategies to consolidate its position in India’s evolving lifestyle and fashion market.
