Mondelēz appoints new EVP and CFO in leadership reshuffle

Mondelēz CFO appointment overview

• Mondelēz appoints Amit Banati as EVP and CFO
• Banati brings three decades of global consumer finance experience
• He will report to CEO Dirk Van de Put
• Luca Zaramella will continue as COO
• Change signals continuity, cost discipline and focus on profitable snacking growth

Mondelēz International has confirmed the appointment of Amit Banati as executive vice president (EVP) and chief financial officer (CFO), effective 1 July 2026.

Reporting directly to CEO Dirk Van de Put, Banati will become a member of the Mondelēz International Leadership Team.

“Amit is a highly experienced CFO who brings a strong blend of financial leadership and commercial acumen spanning multiple consumer businesses,” says Van de Put. “His track record of delivering results and building talent across large, global businesses as a CFO, alongside his breadth of general management and emerging market experience, will provide important perspective to our leadership team. I look forward to working with him to deliver against our strategic growth agenda.”

Banati takes on the role from Luca Zaramella, who was appointed chief operating officer (COO) in January this year. Zaramella will now focus his leadership on the company’s commercial operations, including its four geographical regions, corporate sales, marketing and supply chain functions.

“I want to thank Luca for his outstanding contributions over eight years as CFO, during which he played a pivotal role in shaping our financial strategy and strengthening our company,” says Van de Put. “We will continue to benefit from his strong leadership as Chief Operating Officer, focusing on driving durable, profitable growth and value creation.”

Who is Amit Banati?

With over 30 years’ experience, Amit Banati has held senior leadership roles across global markets, with deep expertise in strategy, transformation and regulatory environments.

He joins Mondelēz from Kenvue, Inc. where he served as CFO. Prior to that, he held leadership positions at Kellanova (now owned by Mars), Proctor & Gamble, and Cadbury Schweppes. And, before that, he worked for Mondelēz (then Kraft Foods).

“I am delighted to rejoin Mondelēz International,” says Banati. “I am excited to return to a company and set of brands that I know well. The company has an iconic portfolio, an advantaged global footprint and a talented team. I look forward to working closely with Dirk and the entire team to advance the company’s strategy, achieve its significant growth potential and continue its strong track record of profitable growth.”

Mondelēz’s growth strategy

Banati’s return suggests Mondelēz is focused on continuity, rather than a major strategic shake-up.

The priority now will likely be on maintaining growth in a complex financial environment – Banati’s background across global consumer brands, particularly in emerging markets, will help achieve this.