MAM
Varun Berry steps down as CEO of Britannia Industries
MUMBAI: After more than a decade at the helm, Varun Berry, the driving force behind Britannia Industries’ modern growth story, has stepped down as chief executive officer, with Natarajan Venkataraman taking over interim charge.
Berry’s tenure, which began in January 2013, transformed Britannia from a legacy bakery business into one of India’s most agile and profitable FMCG players. From expanding the company’s dairy portfolio to sharpening its rural reach and premium biscuit lines, Berry was instrumental in making Britannia a household name with global ambitions.
Before joining Britannia, Berry had spent nearly 15 years with PepsiCo, where he held multiple senior roles including CEO of PepsiCo Foods India and chief executive officer of International Dairy & Juice – a joint venture between PepsiCo and Almarai in Dubai. He also led operations across the Philippines and Vietnam, and began his career at Unilever’s Brooke Bond India in the late 1980s.
Under Berry’s leadership, Britannia’s revenues rose steadily, with the company expanding into new categories, healthier snacking options, and sustainability initiatives, while maintaining its biscuit dominance through brands like Good Day, Marie Gold, and Bourbon.
Natarajan Venkataraman, who will assume interim leadership, is expected to ensure business continuity as the board identifies a long-term successor.
For a man who turned tea-time snacks into serious business, Berry’s exit marks the end of a golden chapter – one baked with consistency, innovation, and plenty of good days.
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.
