PepsiCo announced that Savitha Balachandran has been appointed as Chief Financial Officer - India and South Asia at PepsiCo, signalling a major leadership transition at PepsiCo in the region. She announced her new role through a LinkedIn post. In this role, she is set to lead the finance function for PepsiCo's business across India and South Asia.

With deep expertise across finance, strategy, and value creation, Balachandran will be a critical partner as the company accelerate next phase of growth in this anchor market. This transition comes as Kaushik Mitra, Vice President & Chief Financial Officer, is set to retire from the company. An experienced finance leader, Balachandran was earlier associated with Tata Technologies as Chief Financial Officer for over five years.

Before that, she was with Tata Motors for over 18 years and held several leadership roles at the company.