Sreejit Madhavan Nair resigns as Costa Coffee CEO; KSB takes over

Sreejit Madhavan Nair has resigned from his position as CEO of Costa Coffee, part of Devyani International Limited, citing personal reasons.  Kamaljit Singh Bedi, who has held the role of CEO for Institutional Business and New Business Ventures since May 14, 2024, has been appointed as the new CEO of Costa Coffee and the Airport Business segment. This transition will take place at the end of the business day on January 8, 2025. Bedi, a senior executive with more than 25 years of varied experience in managing major brands, holds an advanced degree in Marketing and Export Management. He has had a distinguished career with leading companies such as ITC, Levi's, Airtel, Mattel Inc., BIBA, Creambell, and Rich Products.