Cargill has announced the appointment of Piyush Patnaik as Managing Director of its oils business in India. Patnaik will take over from Deoki Muchhal, who has left the organisation after 15 years.
Patnaik brings over 18 years of in-depth industry experience. Most recently, he was the strategy and business development head for Cargill’s oils business in India. Patnaik joined Cargill in 2006 and has held key positions in various functions including procurement, sales, business development, M&A and supply chain management. He then led the soya and palm product line for the business in India in 2013, where he helped build the company’s successful consumer business and go-to-market strategy.
Patnaik helped grow market share, profitability and expand the product portfolio into multiple new application categories and facilitated further investment in the business. Prior to joining Cargill, Patnaik worked with large consumer companies, including Coca-Cola and Dabur.
Patnaik said, "Over the last 13 years that I have been working with Cargill, I have seen the company achieve many milestones in its journey of becoming the leader in nourishing people. Cargill’s oil business in India has thrived under many inspiring leaders and it is a privilege for me to now lead this winning team. I look forward to building upon our accomplishments and help better serve our consumers and stakeholders."
Cargill connects farmers with markets, customers with ingredients, and people and animals with the food they need to thrive.
In India, Cargill’s operations started in 1987. It has businesses in refined oils, food ingredients, grain and oilseeds, cotton, animal nutrition, industrial specialties and trade structured finance.