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Daughter M R Jyothy steps out of the shadows to become MD at Jyothy Labs

Independent director R Lakshminarayanan will take over as chairman of the board

M R Jyothy | File photo
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M R Jyothy | File photo

Viveat Susan Pinto Mumbai
Come April 2020 and a new face will lead the Mumbai-based consumer goods firm Jyothy Labs. On Friday, chairman and managing director M P Ramachandran announced that his elder daughter M R Jyothy would take over as managing director (MD), while his younger daughter M R Deepthi would be whole-time director, when he steps down from the board from April 1 next year. 

The announcement has put the spotlight on 40-year-old Jyothy, who’s been a whole-time director at her namesake company since 2005 and been quietly driving brand strategy and communication for the last few years. Her sister is general manager