This is the first time in 128 years Bata Corporation has appointed an Indian as its Global CEO. The agency said that Sandeep Kataria will be the world’s topmost branches in Bata.
Alexis Nasser has been the CEO of Bata Global for nearly five years. He is going to resign from this post. It is rumored that Nassar is set to join British multinational Kantar. Sandeep Kataria has been replaced in his place. He will take over new responsibilities immediately.
Bata said in a statement on Monday that Sandeep will replace Alexis Nasard as global CEO. He is naturally happy with the promotion after taking over as CEO of the Indian branch. Bata New Global CEO Sandeep said, “I am feeling glad and excited to take this opportunity.”
Sandeep was in the same position in India before joining the post of Global CEO. However, after campaigning, Sandeep came with all the Indians, who topped the World Famous multinationals. As CEO, he joined the elite with Satya Nadella of Microsoft, Sundar Pichai of Alphabet, Ajay Banga of MasterCard and Arvind Krishna of IBM.
With 24 years of experience in the industry, Sandeep is an alumnus of IIT Delhi. XLRI Gold Medallist Sandeep has also worked for European and domestic branches of Unilever, Yum Brands, Vodafone. Having been at the helm of Bata in this country since 2016, he is aware of new responsibilities. In the words of Sandeep, “Bata is a brand that has a notable reputation for making high quality and affordable shoes. Blessed to be a partner in the success of Bata in India. This time, for over 125 years, I’ve been calling it a global shoe Looking forward to being a producer. “
In fact, Swiss company Bata has the largest market in India in the world. Under the leadership of Sandeep Kataria, Bata India’s profits have doubled. With this, the business growth rate has reached double digits. Many of his initiatives have proved successful in attracting youth back to shoes in this country. In the 2019-20 financial year, the net profit of Bata India increased by 328 crore.