Bacardi India to have new country head

Bacardi is all set to name its new India head Vijay Subramaniam, who spearheaded Marico's international business as CEO till recently, is expected to join Bacardi India said people familiar with the matter. Subramaniam's exit from Marico comes months after it implemented a business restructuring, de-merging into two separate legal entities — Marico, which houses the consumer product division and the international business, and Kaya, which runs specialty skincare clinics. Mahesh Madhavan, Bacardi's long-time India Chief has decided to move on.

In a similar development, another liquor giant Diageo announced the long-speculated appointment of former Cadbury India, MD Anand Kripalu as CEO-designate of India's largest liquor company United Spirits (USL), which it acquired recently.