Raymond Lifestyle Appoints Satyaki Ghosh as New CEO

Raymond Lifestyle Limited has appointed Satyaki Ghosh as its new Chief Executive Officer (CEO). 

With experience in global consumer and manufacturing businesses, Ghosh will lead the company’s growth, focus on innovation, improving customer experience and expanding market opportunities.

The company said the leadership change aims to strengthen its consumer-focused businesses as demand shifts in India and international markets.

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Ghosh has over 25 years of experience in FMCG, textiles, retail, and consumer-focused businesses, covering both B2B and B2C operations in domestic and international markets. He joins Raymond Lifestyle from the Aditya Birla Group, where he was CEO of Cellulosic Fashion Yarn at Grasim Industries, leading a manufacturing business focused on efficiency, sustainability, and profitable growth.

Before that, Ghosh was CEO of Domestic Textiles at the Aditya Birla Group and also led the Thai Acrylic Fibre business, managing operations across several countries. Earlier, he spent over seven years at L’Oréal India in senior roles, including Director of the Consumer Products Division, handling global brands like L’Oréal Paris, Garnier, and Maybelline in India.

Gautam Hari Singhania, Chairman of Raymond Group said, “Satyaki is joining Raymond Lifestyle at a crucial inflection point wherein the business is poised for growth and transformation with a plethora of opportunities across the sector. With domestic consumption in India rising rapidly and the evolving geopolitical developments opening up new horizons in international markets, our Lifestyle business is poised for growth in long term. Satyaki’s on-boarding will unleash fresh energy and passion across the business and its stakeholders.” 

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In a statement, Ghosh said he looks forward to contributing to the next stage of Raymond Lifestyle’s growth. “I am delighted to be joining an iconic Indian brand with a rich legacy of over a century which has been integral to the Indian identity and promises new avenues for growth. With a focus on consumer centricity along with innovation and sharpening the offerings, we would contribute meaningfully to larger value creation,” he said.

Raymond Lifestyle has also recently appointed E.C. Prasad, who will take on the role of Chief Financial Officer in the next board meeting. The company said these leadership additions highlight its focus on strengthening governance and building capabilities across all business units.

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