<p>Leading FMCG major Godrej Consumer Products Limited (GCPL) on Tuesday said its managing director and Chief executive Vivek Gambhir has resigned citing "personal reasons".</p>.<p>Gambhir will step down from the position on June 30.</p>.<p>Nisaba Godrej, currently the executive chairperson of GCPL, will assume the charge of MD and CEO of the company with effect from July 1, 2020, according to a company statement.</p>.<p>Gambhir, who had joined Godrej Group in August 2009, was elevated as the MD and CEO of the company in July 2013.</p>.<p>On his decision to resign, Gambhir said: "After 11 fulfilling and wonderful years with Godrej, it is time for me to move on to chart the next phase of my journey. For the past many years, I have been living away from my family and seeing them only on weekends."</p>.<p>He added, "Recently, I had some health problems that made me think more deeply about my lifestyle. Thankfully, I have fully recovered. I would now like to be able to spend more time with my family." </p>.<p> On the whole development, Nisaba said: "I also want to take this opportunity to thank Vivek for his many contributions to Godrej over the past 11 years. Vivek and I have had a strong partnership for over a decade. He is someone who has not only created a lot of value for Godrej but has also been a wonderful friend and mentor to me. We wish him much success, health and happiness for the future.”</p>.<p>During his tenure, GCPL accelerated its diversification into emerging markets and acquired US-based brand Strength of Nature.</p>.<p>Gambhir further said that over the last decade, GCPL has transformed into a leading emerging market home and personal care company, with ambitious aspirations. </p>.<p>"I am very grateful that I had the opportunity to lead such a fantastic team. I have partnered closely with Nisa over many years, and she been a key architect of GCPL’s growth journey. She has also been an amazing friend. I am sure that under her inspiring and authentic leadership, GCPL will achieve even greater success,” he said.</p>.<p>Nisaba was elevated as executive chairperson of Godrej group’s FMCG arm in May 2017. </p>.<p>GCPL is an over USD 1.5 billion company having presence in over 90 countries. It has presence in the emerging markets of Asia, Africa, Latin America in categories - home care, personal care, hair care</p>
<p>Leading FMCG major Godrej Consumer Products Limited (GCPL) on Tuesday said its managing director and Chief executive Vivek Gambhir has resigned citing "personal reasons".</p>.<p>Gambhir will step down from the position on June 30.</p>.<p>Nisaba Godrej, currently the executive chairperson of GCPL, will assume the charge of MD and CEO of the company with effect from July 1, 2020, according to a company statement.</p>.<p>Gambhir, who had joined Godrej Group in August 2009, was elevated as the MD and CEO of the company in July 2013.</p>.<p>On his decision to resign, Gambhir said: "After 11 fulfilling and wonderful years with Godrej, it is time for me to move on to chart the next phase of my journey. For the past many years, I have been living away from my family and seeing them only on weekends."</p>.<p>He added, "Recently, I had some health problems that made me think more deeply about my lifestyle. Thankfully, I have fully recovered. I would now like to be able to spend more time with my family." </p>.<p> On the whole development, Nisaba said: "I also want to take this opportunity to thank Vivek for his many contributions to Godrej over the past 11 years. Vivek and I have had a strong partnership for over a decade. He is someone who has not only created a lot of value for Godrej but has also been a wonderful friend and mentor to me. We wish him much success, health and happiness for the future.”</p>.<p>During his tenure, GCPL accelerated its diversification into emerging markets and acquired US-based brand Strength of Nature.</p>.<p>Gambhir further said that over the last decade, GCPL has transformed into a leading emerging market home and personal care company, with ambitious aspirations. </p>.<p>"I am very grateful that I had the opportunity to lead such a fantastic team. I have partnered closely with Nisa over many years, and she been a key architect of GCPL’s growth journey. She has also been an amazing friend. I am sure that under her inspiring and authentic leadership, GCPL will achieve even greater success,” he said.</p>.<p>Nisaba was elevated as executive chairperson of Godrej group’s FMCG arm in May 2017. </p>.<p>GCPL is an over USD 1.5 billion company having presence in over 90 countries. It has presence in the emerging markets of Asia, Africa, Latin America in categories - home care, personal care, hair care</p>