Raymond Lifestyle appoints Satyaki Ghosh as CEO

MUMBAI: Raymond Lifestyle has moved swiftly at the top, appointing Satyaki Ghosh as chief executive with effect from January 19, 2026, signalling a renewed push to scale its lifestyle business amid intensifying competition.

The board cleared the appointment at a meeting on Monday, the company said in a regulatory filing, handing Ghosh full operational charge as key managerial personnel.

Ghosh joins from the Aditya Birla Group, where he most recently served as chief executive of cellulosic fashion yarn at Grasim Industries. Before that, he led the group’s domestic textiles business and ran the Thai acrylic fibre operations, overseeing multi-country manufacturing networks and complex global supply chains.

With more than 25 years of experience, Ghosh brings deep exposure across FMCG, textiles, retail and consumer businesses, spanning both B2B and B2C environments. His earlier stints include over seven years at L’Oréal India and roles at PepsiCo India, Spencer’s Retail, GE Lighting and Burns Philp.

The appointment comes as Raymond Lifestyle looks to sharpen execution, accelerate growth and build sharper consumer-facing brands. With a seasoned operator at the helm, the company is signalling intent: fewer experiments, faster decisions and a harder commercial edge.