Cosmo Films — Pankaj Poddar as new Group CEO

Pankaj Poddar will head the newly launched and fast-growing consumer business ZIGLY

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Cosmo Films
Ashok Jaipuria chairman and managing director and Pankaj Poddar group chief executive officer

Cosmo Films today announced the appointment of Pankaj Poddar as the group chief executive officer, to head the newly launched and fast-growing consumer business ZIGLY alongside trade verticals including Films, Labelling & Packaging, Specialty Chemicals, Ferrites, Masterbatches, and Textile Chemicals. The development came into effect immediately and in recognition of the growth, the company witnessed under Mr. Poddar’s leadership as chief executive officer of the business. 

With a career spanning over 26 years, Pankaj Poddar has held key leadership positions in the company across business units and verticals. As the chief financial officer at Cosmo Films in 2011, Pankaj was responsible for managing the financial operations in India as well as overseas. Since his appointment as the chief executive officer in the year 2013, all verticals of Cosmo have witnessed year-on-year growth.

Speaking of the appointment, Ashok Jaipuria, chairman and managing director, Cosmo Films, said, “Pankaj’s contribution is immense for the success of Cosmo as is visible in the last few years. R&D, Sales & Marketing competencies, expanded product range, and focus on Speciality films have led to the achievement of record EBITDA and an all-time high market capitalization. Pankaj has also played a key role in ensuring diversification from the Films business into Ferrites, Speciality Chemicals, and Zigly. All of these will make a significant addition to all the parameters of the company – topline, bottom line, and market valuations. He is a great asset to Cosmo with his focus, drive, and implementation bringing in benefits to the company and its stakeholders.”

Commenting on his appointment, Pankaj Poddar said, “I am delighted to be elevated as the group chief executive officer. At this point in time, Cosmo Films Ltd. is at the pivotal state of its growth with diversification into different sectors. Being a global leader in the films and packaging sector, we aim to be the preferred brand for Specialty Chemicals, Ferrites, Polymers & Petcare.”

Pankaj started his career with a 7-year stint at Ernst and Young before joining Reckitt Benckiser, Delphi Automotive, and Avon Beauty in senior financial positions. He is a regular speaker at various packaging industry forums and sits on the board of the Organization of Plastic Processors of India, Plast India, and IFCA.

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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