COCA-COLA APPOINTS SARVITA SETHI AS VICE PRESIDENT-FINANCE, INDIA AND SOUTH WEST ASIA

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She succeeds Sanjeev Kumar, who moves to Lagos to become Director Finance, Coca-Cola West Africa

Gurgaon, July 19, 2016: Coca-Cola today announced the appointment of Sarvita Sethi as Vice President – Finance, for India and South West Asia. She takes over from Sanjeev Kumar, who moves to Lagos as Director Finance, Coca-Cola West Africa. Sarvita will report to Venkatesh Kini, President, Coca-Cola India and South West Asia. The India and South West Asia Business Unit of The Coca-Cola Company includes Nepal, Bhutan, Bangladesh, Sri Lanka and Maldives besides India.

Sanjeev Coca-ColaSanjeev Kumar, a 20 year veteran of The Coca-Cola Company and a part of the team that reintroduced Coca-Cola in India in 1993, will now head the Finance Operations for 31 countries in the Coca-Cola West Africa Business Unit. He will report to Peter Njonjo, President, Coca-Cola West Africa Business Unit.

Announcing these movements, Venkatesh Kini, President, Coca-Cola India and South West Asia, said, “These changes are in line with our goal of promoting and developing Coca-Cola leaders and also maintaining a steady pipeline of senior talent in the system. One of the reasons people value The Coca-Cola Company, is for its ability to give them cross culture and cross geography experience, and both these leaders exemplify that. I take this opportunity to recognize Sanjeev’s role in streamlining and leading key changes in the Finance function for the company in India and South West Asia. I wish him the very best as he takes up a very challenging new assignment in a continent that is one of the growth engines of the world. I also welcome Sarvita Sethi to India. Her solid credentials in finance coupled with her cross-sector experience, position her well to lead the function across South Asia and India.”

Sarvita Coca-ColaSarvita will relocate from Athens to be based out of Gurgaon, for her new role. Sarvita has been a part of the Coca-Cola system for 8 years and most recently, she was the Commercial Finance Director for the Coca-Cola Central & SouthernEurope (CSE) Business based in Athens. During this 3 year stint, Sarvita played an instrumental role in the recovery of the CSE business.

Prior to her CSE role, Sarvita was the Commercial Finance Director – Great Britain & Ireland, based in London. Before joining The Coca-Cola Company, Sarvita has worked in Retail, Quick Service Restaurants and Marketing organizations, in Strategy, Marketing, Trading & Finance roles. Sarvita is a Chartered Accountant and also holds BSc. (Joint Honors) in Economics & Accountancy from City University, UK.