Adi Godrej to step down from Godrej India board, Nadir Godrej to take over as Chairman

Industrialist Adi Godrej to step down as Chairman of GIL.

1 min read . Updated: 13 Aug 2021, 04:02 PM IST Edited By Meghna Sen

Nadir Godrej, who is currently Managing Director of Godrej Industries Limited (GIL), will take over as Chairman and Managing Director of the company

Godrej Group Chairman and veteran industrialist Adi Godrej will step down from the board of Godrej Consumer Products Ltd (GCPL). However, he will continue to remain as Chairman Emeritus of the FMCG firm, the company said in a regulatory filing on Friday.

Nadir Godrej, who is currently Managing Director of Godrej Industries Limited (GIL), will take over as Chairman and Managing Director of the company.

“It has been a privilege to serve Godrej Industries for over four decades, during which we have delivered strong results and transformed our company. I am grateful to our Board for their support and guidance; to all our team members whose passion, commitment and hard work has driven our success; and to all our customers, business partners, shareholders, investors, and communities, for their continued partnership. I am very confident that our best years are ahead of us, and I look forward to Nadir and our team achieving our exciting aspirations," said Adi Godrej.

Nadir Godrej said, "On behalf of our team at Godrej Industries and our Board, I want to thank our Chairman for his vision, values and exceptional leadership that has guided and shaped our company. Our leadership team is committed to building forward on these foundations; continuing to serve our people and communities, and creating long-term value for all ourstakeholders."

Adi Godrej has served at the helm of several Indian trade and industrial bodies, and associations. Among others, he is the past Chairman of the Board of the Indian School of Business, and was President of the Confederation of Indian Industry.

The 79-year-old industrialist has been a member of the Dean's Advisory Council of the MIT Sloan School of Management, Chairman of the Board of Governors of the Narsee Monjee Institute of Management Studies and a member of the Wharton Asian Executive Board.

He is also a recipient of several awards and recognitions, including The Rajiv Gandhi Award 2002 and The American India Foundation (AIF) Leadership in Philanthropy Award, 2010.

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