Puma has appointed its current Global Director Retail and e-Commerce Karthik Balagopalan as the new Managing Director of Puma India, one of the company’s fastest growing markets. Balagopalan replaces Abhishek Ganguly, who worked for Puma’s Indian business for 17 years and has been the Managing Director of Puma India since 2014.
Balagopalan has been with Puma since 2006. Prior to leading Puma’s global DTC business, he held management positions in the retail operations and business development at Puma India. Balagopalan will report to Puma CEO Arne Freundt and will be based in Bangalore, India.
Balagopalan will start in his new role on August 1, 2023. Ganguly, who is pursuing a career as an entrepreneur in his own venture, will remain at Puma until the end of August to ensure a smooth transition.
Image Source: Puma