THE WHAT? Procter & Gamble has named Neal Reed as Senior Vice President and Managing Director of its Australia and New Zealand unit. He succeeds Kumar Venkatasubramanian, who is returning to India to lead the P&G India business.

THE DETAILS Reed joined P&G more than 28 years ago, most recently serving as Senior Vice President, Oral Care, Greater China.

THE WHY? Stanislav Vecera, P&G president, Asia Pacific, Middle East, and Africa said, “I want to thank Kumar for his strong leadership of the ANZ organisation, I know he will continue to excel in his newly appointed role to lead P&G India. I am thrilled with Neal’s appointment as Senior Vice President and Managing Director, Australia and New Zealand. He brings a wealth of knowledge and global experience that will build the organisation and support strong business results.”