Aarti Industries Limited (AIL), leading Indian manufacturer of speciality chemicals, has announced the appointment of Suyog Kotecha as Chief Executive Officer and Executive Director with effect from June 17, 2024.

Most recently, Kotecha led Strategy and New Business initiatives for the Petrochemicals business at Reliance Industries Limited. Before that, he served as a Partner at McKinsey & Company, leading the Chemicals Practice and advising companies on performance transformation and strategic growth.

Commenting on the development, Rajendra V. Gogri, Chairman and Managing Director, said, “Since its inception in 1984, AIL has grown tremendously, gaining respect for its values and deep understanding of the chemical industry. As we stand on the threshold of the next stage of growth, we are happy to welcome Suyog Kotecha as AIL's Chief Executive Officer.

“The Board of Directors believes Suyog’s extensive experience in the speciality chemicals sector, coupled with his focus on customer needs and sustainability, makes him the perfect leader for AIL's next leap. He comes with a proven track record and a wealth of experience in strategy, innovation, and business transformation.

“His innate understanding of the chemicals industry, coupled with his extensive experience from the factory floor to the boardroom, make him the ideal leader to take AIL into its next chapter of growth. His global connects in the chemical industry including AIL’s key customers both in India and globally will be an additional advantage. We wish Suyog all the best in his new role and committed to ensure his success."

“Joining AIL, a global leader in the industry, as CEO is a great honour. As I step into the new role, I am eager to move forward and take the company to new heights of success with the support of the talented team here,” said Kotecha.

“AIL has a rich history and a strong foundation rooted in its values of Care, Integrity and Excellence, and I look forward to further expanding our presence and creating value for our stakeholders through growth, collaboration and innovation.”