India

Everstone hires industry veteran to lead QSR business

By RJ Whitehead

- Last updated on GMT

Related tags Board of directors Philippines

Everstone hires industry veteran to lead QSR business
Industry heavyweight Ajay Kaul had joined Everstone Group to lead its QSR business.

The former chief executive of Jubilant Foodworks has been appointed senior director of the private equity firm’s F&B Asia Ventures arm. 

He will also serve as executive chairman on the boards of F&B Asia’s investments in Indonesia, Domino’s and Burger King.

The 10-year food industry veteran will be familiar with these brands, having looked after them at Jubilant in India. 

Indeed, he developed the Domino’s operation to be the biggest outside America and the largest QSR brand in the subcontinent. 

Previously, he worked at American Express and TNT India and Indonesia, where he had sales and business leadership roles.

At Everstone, he will oversee QSR investments including several marquee brands, such as Burger King in India and Indonesia, and Domino’s in Indonesia. 

Other brands under its umbrella include Masala Library, Farzi Café, Pa Pa Ya, Masala Bar, Harry’s, Pind Balluchi, and Duck & Rice.

We are thrilled to welcome Ajay to the Everstone Group and the F&B Asia family, where his wide experience and success in the food sector will be greatly beneficial as we target higher and sustained growth in our QSR businesses in Indonesia—Burger King as well as the Domino’s brand​,” said Philip Walters, Executive Chairman, F&B Asia.

Related news

Related products

show more

How Korean culture penetrated the APAC food industry?

How Korean culture penetrated the APAC food industry?

Content provided by BIOSPRINGER, natural Yeast ingredients | 17-Jan-2024 | White Paper

Korean food is on-trend in Asia. We mainly find Korean taste in noodles, sauces & dressings, pickled condiments, ready meals and savory snacks.

Empowering Women Through the Life Cycle

Empowering Women Through the Life Cycle

Content provided by Glanbia Nutritionals | 07-Nov-2023 | Product Brochure

As discussions around female empowerment widen, and advances in women’s health access and provision accelerate, the implications for business, healthcare,...

The World Agri-Tech Innovation Summit, Dubai, Dec 4-5

The World Agri-Tech Innovation Summit, Dubai, Dec 4-5

Content provided by World Agri-Tech Innovation Summit Dubai | 01-Nov-2023 | Event Programme

The renowned World Agri-Tech Innovation Summit has been taking place since 2013 in London, San Francisco and São Paulo. Now launching in the Middle East,...

Related suppliers

Follow us

Products

View more

Food & Beverage Trailblazers

F&B Trailblazers Podcast