New Delhi: Roca, the leader in bathroom space has appointed K.E. Ranganathan as Managing Director (MD) for its India Business. Ranganathan joined the company in September 2016 as President – Sales & Marketing.
Prior to joining Roca Bathroom Products Pvt. Ltd, Ranganathan served as the Managing Director of TVS Electronics Ltd and as Operating Partner of TVS Capital, a private equity player during the years 2012 to 2016.
During his earlier stint in Parryware business in Murugappa Group, from 1994 till 2008, he served as the CEO of Parryware business and later was instrumental in forging the JV with Roca during the year 2005. Ranga served as the Managing Director of the JV till 2008. He is credited with result orientated approach that reflected in sales growth at a CAGR of 25% during his earlier stint with Parryware. Ranganathan comes with more than 33 years of experience in finance, accounting, business planning, strategy, Marketing & Sales. He had held senior positions in various companies in Murugappa& TVS Group.
Ranganathan in his earlier role with Roca was responsible for creating new strategies and opportunities to drive growth and further consolidate the company’s leadership position. He is replacing India’s MD- Pau Abello who is moving to another senior position within Roca group and will be leading Roca’s business in Latin America as Senior Managing Director.
Commenting on his role, K.E. Ranganathan, Managing Director, Roca Bathroom Products Pvt Ltd, said, “We have a very exciting business opportunity ahead of us. The Indian market is expected to grow at 15 per centand further, we have an additional opportunity from exporting our products to global markets. We are well poised to ride the growth curve and propel the brand to the next level.”
