Nykaa board names Santosh Desai as Independent Director
Santosh Desai was CEO of Future Brands for nearly 17 years and the President of McCann
Nykaa has appointed Santosh Desai as an Independent Director on its Board, effective 15th July 2024, for a period of three years, subject to the approval of shareholders.
Santosh Desai was the CEO of Future Brands Ltd for nearly 17 years.
He has also served as the President of McCann.
Santosh is currently serving on the boards of Think9 Consumer Technologies, Dainik Jagran Group and Breakthrough.
Welcoming Santosh’s appointment, Falguni Nayar, Executive Chairperson, Founder and CEO, Nykaa said, “Santosh’s experience in understanding the interwoven relationship between culture and brands has helped build several iconic brands. Nykaa’s unrivaled customer centricity and focus on innovation has enabled us to garner tremendous consumer love and trust. We are confident that Santosh’s strategic guidance will help steer our vision to propel Nykaa’s brand equity and bolster our existing bouquet of brands for long-term global success.”
Commenting on his appointment, Santosh Desai said, “I am excited to join Nykaa as an independent director. Nykaa has driven a transformative change in the beauty and lifestyle landscape in India with its customer-centric approach to retail. I look forward to contributing to the continued success and growth of this dynamic organisation, leveraging my experience in brand strategy and advertising to help shape its highly promising future."
