Former PepsiCo India head Manu Anand will replace Anand Kripalu as the India head of Mondelez International that owns Cadbury India, the chocolate maker said on Thursday.

According to Economic Times, Anand will assume office on August 16. Kripalu is expected to stay back for some time to help him settle in the organisation. While the Mondelez release said Kripalu has decided to pursue an opportunity outside the organisation, a person close to the development said he will join Diageo in October, and is ultimately expected to take over as its India CEO when Ashok Capoor retires next year.

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