Puma appoints K Balagopalan as India Managing Director
Karthik Balagopalan, the company’s global director of retail and e-commerce, has been named the new managing director for India, according to German footwear and clothing giant Puma. Abhishek Ganguly, who has served as the managing director of Puma India since 2014 and worked for the company’s Indian division for 17 years, will be replaced by Balagopalan, 42.
He will be based in Bengaluru and report to Arne Freundt, CEO of Puma.
According to a statement, Ganguly departs from Puma to pursue a career as an entrepreneur in his own business.
Karthik Balagopalan has been named the new Managing Director of PUMA India by sportswear retailer Puma. Prior to this, he worked for the corporation as Global Director of Retail and E-commerce. He will succeed Abhishek Ganguly, the managing director of PUMA India since 2014 and a 17-year veteran of the company’s Indian operations. Ganguly intends to pursue an entrepreneurial career through his own business. Balagopalan will be based in Bengaluru and report to Puma CEO Arne Freundt.
Since 2006, Balagopalan has worked with the organisation. He had executive positions in retail operations and business development at Puma India before taking the helm of the company’s worldwide DTC division. One of the brand’s markets with the quickest growth has been India.