Cosmo Films Ltd. appoints Mr Pankaj Poddar as the Group CEO. He will be heading the fast-growing and newly launched consumer business ZIGLY alongside trade verticals including Labelling & Packaging, Films, Specialty Chemicals, Masterbatches, Textile Chemicals and Ferrites. The company witnessed the development under Mr Poddar’s leadership as CEO of the business that came into effect immediately and in recognition of the growth.
Mr Pankaj Poddar has a career spanning over 26 years and has held key leadership positions in the company across business units and verticals. Pankaj was responsible for managing the financial operations in India as well as overseas, as the Chief Financial Officer at Cosmo Films Ltd. in 2011. And, since he was appointed as the CEO in the year 2013, all verticals of Cosmo has seen year-on-year growth.
Speaking of the appointment, Mr Ashok Jaipuria, Chairman & Managing Director, Cosmo Films Ltd. said, “Pankaj’s contribution is immense for the success of Cosmo as is visible in the last few years. R&D, Sales & Marketing competencies, expanded product range and focus on Speciality films have led to the achievement of record EBITDA and an all-time high market capitalization. Pankaj has also played a key role in ensuring diversification from the Films business into Ferrites, Speciality Chemicals and Zigly. All of these will make a significant addition to all the parameters of the company – top line, bottom line and market valuations. He is a great asset to Cosmo with his focus, drive and implementation bringing in benefits to the company and its stakeholders.”
Commenting on his appointment, Mr. Pankaj Poddar said, “I am delighted to be elevated as the Group CEO. At this point of time, Cosmo Films Ltd. is at the pivotal state of its growth with diversification into different sectors. Being a global leader in the films and packaging sector, we aim to be the preferred brand for Specialty Chemicals, Ferrites, Polymers & Petcare.”
Pankaj Poddar’s career started with a 7-year stint at Ernst and Young before joining Reckitt Benckiser, Delphi Automotive and Avon Beauty in senior financial positions. He is a regular speaker at various packaging industry forums and sits on the board of the Organization of Plastic Processors of India, Plast India and IFCA.