Brands
Coca-Cola reshuffles Asia power centres, elevates Sanket Ray
NEW DELHI: The Coca-Cola Company has handed Sanket Ray a sweeping new regional mandate, folding Asia’s biggest growth engines into his remit as the Atlanta group redraws its global power map.
From 31 March, Ray will add the title of emerging large markets lead to his current role as president, India and southwest Asia. The expanded brief gives him oversight of India and southwest Asia, greater China and Mongolia, and Japan and South Korea, placing some of the company’s most strategically critical markets under one command.
The shake-up comes as Henrique Braun prepares to take over as chief executive officer on 31 March, 2026, replacing James Quincey, who will stay on as executive chairman. Braun is currently executive vice-president and chief operating officer.
As part of the overhaul, Coca-Cola is carving the world into two new market groupings reporting directly to Braun, spanning Asia, Africa and the Middle East. One of these will be led by Ray, underlining the growing weight of India and its surrounding markets inside the company’s global portfolio.
The second grouping — covering Eurasia and the Middle East, Asean and the South Pacific, and Africa — will be run by Claudia Lorenzo, who also becomes president of the Eurasia and Middle East operating unit. Lorenzo is currently chief of staff to Quincey and a former president of the Asean and South Pacific operating unit.
“These changes are intended to help equip our organisation to handle the dynamic conditions we are seeing in markets around the world,” Braun said. “Sanket and Claudia bring deep regional experience and established leadership, which will be critical as we tap the immense growth potential across the markets they will lead.”
Coca-Cola is also creating a new chief digital officer role, bringing together digital, data and operational excellence. Sedef Salingan Sahin, now president of the Eurasia and Middle East operating unit, will step into the job and report to Braun.
Responsibility for digital strategy will move from president and chief financial officer John Murphy to Sahin, tightening the company’s grip on technology-led growth as it heads into its next phase.
Brands
FSS names Anand Krishnamurthi head of global digital delivery
Tech veteran to drive AI-first, cloud-led transformation in payments globally
CHENNAI: Financial Software and Systems (FSS), an AI-first payment infrastructure company, has appointed Anand Krishnamurthi as head of global digital delivery.
In his new role, Anand Krishnamurthi will lead FSS’s global digital delivery capabilities, focusing on AI-first and cloud-led transformation while ensuring predictable, high-quality outcomes for customers worldwide. He will be based in Chennai and report to V. Balasubramanian, CEO of FSS.
Bringing 28 years of experience in technology and digital transformation across banking, capital markets, financial services, and insurance, Anand has held senior leadership positions at Cognizant and NuSummit. He is recognised for scaling multi-geography delivery teams, leading mission-critical platforms, and embedding AI-driven automation in complex, regulated environments.
“What drew me to FSS is its deep payments expertise, strong product DNA, and the scale at which its platforms power real-world financial ecosystems,” said Anand Krishnamurthi. “I aim to strengthen delivery predictability, execution rigor, and engineering quality, building empowered teams that deliver measurable customer outcomes. FSS has a unique opportunity to create real-time, AI-infused payments infrastructure that is resilient, secure, and globally scalable.”
V. Balasubramanian added, “Anand’s track record in leading multi-geography delivery programs and AI-first operating models makes him the ideal leader for FSS as we accelerate our AI-driven digital payments business. His leadership will help us raise the bar for outcomes globally.”
This appointment is part of FSS’s broader push to build an AI-powered, cloud-native delivery organisation capable of meeting the evolving needs of banks, fintechs, and financial institutions worldwide.
