FSN E-Commerce Ventures (Nykaa) has strengthened its board with the appointment of Santosh Desai as an independent director, effective July 15, 2024, for a period of three years.
Desai comes with over two decades of experience in advertising and has been previously involved in strategically building key brands for numerous local and multinational organisations.
Commenting on Desai’s appointment, Falguni Nayar, executive chairperson of Nykaa in a statement said, “Santosh’s experience in understanding the interwoven relationship between culture and brands has helped build several iconic brands. We are confident that Santosh’s strategic guidance will help steer our vision to propel Nykaa’s brand equity and bolster our existing bouquet of brands for long-term global success.”
Santosh Desai added, “I am excited to join Nykaa as an independent director. I look forward to contributing to the continued success and growth of this dynamic organisation, leveraging my experience in brand strategy and advertising to help shape its highly promising future.”
Nykaa currently has 10 board of directors with expertise across verticals like business strategy, technology, entrepreneurship, finance, governance and regulation, human capital management, and CSR.
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