Campaign India Team
May 11, 2023

Karthik Balagopalan to replace Abhishek Ganguly at Puma

Ganguly plans to start his own venture in the larger sportswear space

Abhishek Ganguly (left) and Karthik Balagopalan
Abhishek Ganguly (left) and Karthik Balagopalan
Abhishek Ganguly has stepped down from his role as managing director, Puma India and Southeast Asia.
He will be replaced by Karthik Balagopalan, global director - retail and e-commerce. He has been with Puma since 2006 across functions. Balagopalan will report to Arne Freundt, CEO, Puma, and will be based in Bengaluru.
Ganguly spent more than 17 years with Puma, having joined the company as director, sales and marketing in November 2005. Reports suggest that he quit Puma to start his own venture in the larger sportswear space. 
Freundt said, “India is a vibrant market, where Puma has been the number one brand for many years. With the appointment of Karthik, we will write the next chapter of this very successful story. I would like to thank Abhishek for his energy and commitment over the past 17 years and wish him all the best for his future as an entrepreneur.”


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