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L’Oreal India appoints Amit Jain as managing director

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MUMBAI: L’Oreal India has appointed Amit Jain as a new India managing director succeeding Jean Christophe Letellier who will shift within L’Oréal group after a five-year stint in the country.

L’Oreal is one of the largest cosmetics company and has developed activities in the field of hair colour, skin care, sun protection and many others.

Jain will join the company from August this year and will be the first Indian MD after the French cosmetics giant entered in 1991.

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L’Oreal South Asia Pacific Zone vice president Pierre-Yves Arzel said, “We believe that Amit’s rich global experience with a deep understanding of India, transformational leadership skills and inclusive personality will be an important asset in further developing L’Oréal’s business in India. His mission is to build on our rich talent base and global brands, to make L’Oréal India an engine for growth in Asia,”

Prior to this, Jain was the managing director of North-West Europe for Akzo Nobel, based in Amsterdam. Jain has also worked in companies including Coca- Cola and Viacom.

Under Jean-Christophe Letellier’s leadership, India saw significant sales growth, revolutionised digital and e-commerce platforms, and achieved ambitious targets in skill development and environmental sustainability.

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The company, which is almost synonymous with Bollywood actress and its brand ambassador Aishwarya Rai Bachchan in India, face competition from global rivals Unilever and Procter and Gamble

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MAM

Manappuram Finance appoints Sreekanth P V as group head – operations

22-year veteran from Bajaj Finance to drive efficiency and customer experience.

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MUMBAI: Manappuram Finance just upgraded its operations engine because when customer delight needs turbocharging, even the gold loans get a smoother ride. Manappuram Finance Ltd has appointed industry veteran Sreekanth P V as group head for operations & customer experience at the grade of president. In his new role, Sreekanth will lead efforts to strengthen operational efficiency, enhance customer experience, streamline processes, drive service innovation and scale the company’s digital ecosystems across all business verticals.

Sreekanth brings over 22 years of experience in operations management, digital platforms, product innovation and customer experience within the financial services sector. Most recently he served as deputy executive vice president for digital platforms at Bajaj Finance Ltd, where he led the development of a unified app and web platform strategy and built a cohesive digital ecosystem.

Manappuram Finance, chairman and managing director V. P. Nandakumar said, “We are pleased to welcome Mr Sreekanth P V to the leadership team. He brings extensive experience in operations management, digital platforms and customer experience. As we continue to strengthen our operational capabilities and enhance customer engagement, his expertise will play an important role in driving efficiency, innovation and service excellence across the organisation.”

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The appointment reflects Manappuram Finance’s ongoing focus on building a stronger leadership bench and elevating operational standards as the company scales its lending and customer engagement capabilities.

In a sector where every rupee counts twice, Sreekanth isn’t just joining the team, he’s the new conductor making sure the entire orchestra of loans, digital flows and customer smiles stays perfectly in tune.

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