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Management

Dr. LALIT KHAITAN

CHAIRMAN & MANAGING DIRECTOR RADICO KHAITAN LTD.

A veteran with over 50 years of experience, Dr. Khaitan, is one of the pioneers in the Indian
spirits industry. He provides the overall strategic direction to Radico Khaitan. He has been
instrumental in improving quality standards and enhancing customer satisfaction, resulting in
substantial revenue growth and increased market share. In the process, he has succeeded in
transforming Radico Khaitan from a bottler to a leading IMFL player in India. His unique
management style has helped maintain Radico as an ethical and transparent organisation with
the highest corporate governance standards.

Dr. Khaitan has been widely recognised for his contribution to the liquor industry. He has been
associated with a number of developmental projects, has represented India with several
international delegations, and is involved in social & educational activities across India. He is
currently:

  • Chairman, U.P. Committee of the PHD Chamber of Commerce and Industry
  • Senior Member, Managing Committee, ASSOCHAM
  • Member, Managing Committee, All India Distillers Association
  • Member, Managing Committee, U.P. Distillers Association
  • Member of the Standing Committee of the PHD Chamber
  • Chairman, Northern Region Development Council, ASSOCHAM
  • He has received the lifetime achievement award from the Confederation of Indian Alcoholic Beverage Companies in 2005 and from Alcobev in 2008. Most recently, he has been awarded the ‘Legend of the Industry’ at Spiritz 2014.

Abhishek Khaitan

Managing Director

Abhishek Khaitan is the brain behind Radico’s foray into the branded business. He started his
career in 1997 by spearheading the marketing division at Radico Khaitan Limited. The first
brand that he launched was 8PM Whisky– a runaway success; sold one million cases in the first
year itself and featured in the Limca Book of World Records.

A visionary gifted with sharp entrepreneurial acumen, Abhishek was able to see Vodka as the
next emerging drink and was quick to launch Magic Moments Vodka. The tremendous
success of Magic Moments Vodka is a testimony to his astute business intelligence. Not only is
Magic Moments the largest selling vodka in India, it is also the 11th largest selling Vodka in
the world

As the Managing Director with over 2 decades of industry experience, he has been instrumental
in launching over 15 successful brands, of which 7 feature in the millionaires club. His relentless
pursuit for premiumisation of the portfolio continues with brands like Morpheus Premium
Brandy, Rampur Indian Single Malt Whisky and Jaisalmer Indian Craft Gin
.

Recognising his outstanding contribution to the Indian liquor industry and transformation of
Radico Khaitan, he has been conferred with various awards, including the prestigious “Bhartiya
Udyog Ratan Award”
by the Govt of India, “National Industrial Excellence Award” by the
World Economic Progress Society.

He holds a Bachelor’s degree in Engineering from BMS College of Engineering, Bangalore and
has completed a Managerial Finance & Accounting course from Harvard, USA.

Dilip K Banthiya

Chief Financial Officer

Dilip Banthiya has over 30 years of experience in corporate finance, treasury, international
finance and corporate mergers and acquisitions. He was invited to the CFO100 Roll of Honour
2012
in recognition of excellence and has been associated with various professional bodies and
committees. He is also a fellow member of the Institute of Chartered Accountants of India.

Sanjeev Banga

President - International Business

Sanjeev Banga has been spearheading the global reach for Radico Khaitan Limited since 2008.
He is an international business veteran with over three decades of experience in FMCG
companies, such as Godfrey Philips, Nestle, Seagram / Pernod Ricard, and Kohinoor Foods, to
name a few. Sanjeev has created brands like Rampur Indian Single Malt Whisky and Jaisalmer
Indian Craft Gin for global audiences, and his division has been an integral part of the growth
and premiumization journey of the company. Sanjeev is a Commerce and MBA graduate from UBS, Chandigarh.