Colgate Palmolive has elevated its India managing director Prabha Parameswaran as president of its Africa and Eurasia division. Issam Bachaalani will replace her as India head with effect from October 1. Bachaalani, who has spent over 23 years across several of Colgate's markets, is currently the oral care giant's vice-president for toothbrush division based in New York. Parameswaran, who took over as India MD just two years ago, will relocate to Switzerland, Colgate Palmolive India said in a filing to the Bombay Stock Exchange. She joins a growing league of Indians who have joined the leadership team of multinationals this year to help develop emerging markets strategy.
Read the Economic Times news report here.