New Delhi, 17th August, 2020: Roca Parryware, India’s leading manufacturer of bathroom products has re-appointed Mr. K.E Ranganathan, as the Managing Director of Roca India for the next 5 years.
Ranga, as he prefers to be called, has more than 35 years of experience in finance, accounting, business planning, and strategy, marketing & sales. He has held senior positions in various companies in Murugappa Group & TVS Group. This extension is also seen as the confidence in Indian management.
Not new to Roca Bathroom Products Pvt. Ltd, Ranga joined Murugappa Group in 1994 where he was Head of Finance for Parryware division and later took charge of the Sales & Distribution division. During his stint with Parryware, he brought a whole new perspective by refurbishing the key processes and focusing on customer &result orientation, leading to sales growth at a CAGR of 25%. In 2005, Ranga headed Parryware business as the CEO and played a key role in transforming the business into a Joint Venture company with Roca Spain and the subsequent acquisition of Parryware by Roca Spain.
Commenting on his re-appointment, Mr KE Ranganathan, Managing Director, Roca Bathroom Products Pvt Ltd. said, “It is a privilege to continue my association with Roca and Parryware as the Managing Director. I have seen the bathroom industry change drastically over the last 25 years and being the leader in this industry we have been at the helm of driving innovation and delighting customers continuously.
I have been in ‘Work-From-Bathroom’ status since last 26 years and it is indeed fun. I love the challenge of building the World No.1 brand – Roca and India’s No.1 brand – Parryware in India in the new era post Covid-19. I am glad thru our customer-centric actions we are re-bounding faster to pre-covid levels in the last 3 months and expect to touch 100% re-bound by Sep 2020 itself. We are confident of getting back to Growth from Oct-Dec 2020 quarter onwards”.
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