Mumbai: Castrol India has announced the appointment of Kedar Lele as its new managing director, effective 1 November 2024.
Kedar joins Castrol India after an illustrious two-decade-long career at Hindustan Unilever (HUL), where he last served as the executive director of the company, responsible for sales & customer development, South Asia. With his deep expertise in leading high-performing teams, driving growth, and fostering innovation, Kedar is set to play a pivotal role in steering Castrol India’s future in the evolving automotive and lubricants industry.
Castrol India chairman Rakesh Makhija said, “We are delighted to welcome Kedar to Castrol India. His vast experience in driving growth and leading large teams in complex markets makes him an outstanding choice to lead Castrol India. I would also like to take this opportunity to thank Sandeep for his exceptional leadership over the past few years. His contributions have been invaluable in strengthening our position in the market, and we wish him success in his new global role.”
Lele said, “Castrol is a widely recognised brand in the lubricants industry, and I am very excited to lead Castrol India in its next leg of growth and transformation. A key priority for me will be to continue to expand our portfolio coupled with effective deployment models to drive business growth. We will continue to use our trusted brand, innovative product portfolio and cutting-edge technology to stay at the forefront of India’s mobility sector. My experience of working with different categories and geographies has prepared me well to build winning teams while cultivating a spirit of innovation and discipline of execution excellence that aligns with Castrol’s ambitious growth plans.”
To ensure a smooth leadership transition, Kedar has been collaborating with outgoing managing director Sandeep Sangwan since 1 September 2024. This period has enabled Kedar to gain insights into the company's operations and build relationships with key stakeholders.
Sandeep will take on the role of global chief marketing officer at Castrol's headquarters in London starting 1 November 2024.
With Kedar leading in India, Castrol is positioned for ongoing success in the region. The company remains focused on maintaining its market position, driving innovation, and creating value for its stakeholders.