In four weeks, Mondelēz International will be experiencing a leadership shift. President of India and Southeast Asia Deepak Iyer has been named as the new Executive Vice President and President, Asia Pacific, Middle East, and Africa (AMEA), effective June 5.
Iyer will lead the $6.8 billion AMEA business across more than 70 countries. A press release explained that since 2016, Iyer has led the India business, driving sustained double-digit revenue growth, expanded profit margins, strong cash flow generation, and the use of advanced technologies and consumer data.
An engineer with an MBA and more than three decades of management experience across sales, marketing, and general management, Iyer has successfully managed businesses across India, Southeast Asia, and Africa. He has vast and versatile industry and operating model experiences including time at PepsiCo and Wrigley India Pvt Ltd.
Iyer has experience building a top team in CPG, widely recognized for best-in-class marketing, sales, sustainability integration, talent and engagement, and supply chain capability.
“With close to three decades of leadership experience and a strong track record of success driving the growth of brands in emerging markets across Asia and Africa, Deepak is the ideal leader to continue our strong and sustained growth across the AMEA region,” said Chairman and Chief Executive Officer Dirk Van de Put. “Under his leadership these past six and a half years, India has delivered strong, profitable growth and become a consistent exporter of talent and best practices across our global network. We look forward to leveraging his skills and experience in this expanded role to drive greater positive impact across the broader region and the entire company.”
Iyer replaces Maurizio Brusadelli, who will leave the company in June to pursue another leadership opportunity.
“I am thankful to Maurizio, for his leadership during these past seven years in AMEA and for his three decades of contributions at the company,” said Van de Put. “Maurizio is a passionate leader who has played a key role in building our AMEA business into a growth engine of the company. I appreciate the foundation he has built to set Deepak and the team up for continued success and wish him the best in his future endeavor.”
Congratulations to Deepak Iyer!