Aseem Kaushik replaces Amit Jain as L'Oreal India Managing Director

New Delhi: L'Oreal Monday announced the appointment of Aseem Kaushik as Managing Director for India, succeeding Amit Jain who has decided to retire this year-end. Jain will continue his association and assume the role of Chairman for L'Oreal India to build on key stakeholder relationships in India. 

Jain joined L'Oreal India in June 2018 as Country Managing Director with 30 years of experience with renowned companies like ICI, Coca-Cola, Viacom, and Akzo Nobel, where he held strategic leadership roles across the globe. 

During his 4.5-year tenure at L'Oreal, he doubled the growth of the company and took it to a position of strength, notably building strong local leadership and evolving new digital capabilities to accelerate eCommerce.

Jain, said, “Aseem was one of the pioneers who set up new businesses and paved the foundation of growth for L’Oreal in India today. I am delighted to welcome him back following his assignments abroad and pass on the reigns to him. He is a born entrepreneur, and his transformative leadership will help take L’Oreal India to new heights.”

Kaushik has been with L’Oreal for 27 years and held many leadership positions within the Group. 

Kaushik started his career in 1995 in the Consumer Products Division of India to set up and expand field operations. He then took on several leadership roles in the Professional Products Division (PPD) and was instrumental in creating the modern Salon industry in India and building a successful sustainable business model with partners. 

Most recently, he led international teams in PPD; first in Asia Pacific (APAC) and then in South Asia Pacific Middle East North Africa (SAPMENA) zone, driving an ambitious online + offline transformation agenda for the professional hair industry of the future.

“Amit leaves a strong legacy to follow. India is the next big frontier for the L’Oréal Group, and I am looking forward to bringing the best of beauty and consumer experiences in a new connected world.  I’m excited to join a team of very talented people and keep creating positive impact on the broader community,” said Kaushik.