
Leading essential wear maker Modenik Lifestyle Pvt Ltd has named L V Vaidyanathan, a former managing director of Procter & Gamble India, as its new executive chairman.
With effect from31st July 2024, Vaidyanathan will take over for Sunil Sethi as executive chairman. He is going to remain a member of the board of directors.
Vaidynathan will support Modenik in advancing its strategic goals and fortifying its position in the market in his new capacity.
Commenting on the appointment, L V Vaidynathan in a statement said, “I am thrilled to join Modenik Lifestyle, a company celebrated for its innovation and leadership in the essential wear industry. Sunil Sethi’s outstanding contributions have established a robust foundation. I am eager to collaborate with Shekhar Tewari and Modenik’s talented team to drive growth and achieve new milestones.”
L V Vaidyanathan has over 25 years of experience with P&G across multiple markets, including India, Vietnam, Thailand, Philippines, Indonesia, and Singapore.