CFO Switch At PepsiCo: Balachandran Takes The Helm In India

PepsiCo India has strengthened its leadership team with the appointment of Savitha Balachandran as Chief Financial Officer for India and South Asia. The announcement, made on January 24, 2026, marks a significant leadership transition as she takes over from Kaushik Mitra, who will retire on April 15 after a distinguished 24-year career with PepsiCo.  

Balachandran joins PepsiCo from Tata Technologies, where she served as CFO, and earlier held senior finance roles at Tata Motors. With nearly two decades of experience in financial strategy, governance, and performance management, she is expected to drive PepsiCo’s growth agenda in India and South Asia, ensuring strong financial oversight and operational excellence.  

Key Highlights  

• Savitha Balachandran appointed CFO for India and South Asia at PepsiCo  
• Succeeds Kaushik Mitra, retiring after 24 years of service  
• Previously CFO at Tata Technologies, with extensive Tata Motors experience  
• Will oversee financial strategy, governance, and performance management across the region  
• Transition period planned to ensure smooth leadership handover  

Future Outlook  
Balachandran’s appointment reflects PepsiCo’s focus on strengthening its leadership pipeline and reinforcing financial governance in a dynamic market. Her expertise is expected to support PepsiCo’s long-term growth and resilience in India and South Asia.  

Sources: ETCFO, The Hindu BusinessLine, India Today