Bacardi Limited, the world’s largest privately held spirits company, will be headed by an Indian as the organisation will appoint India-born Mahesh Madhavan as its CEO by next year. 

The company announced on Monday that Madhavan, 54, who is a 20-year Bacardi veteran will  take charge as the CEO from April 1, 2018.  He will succeed Michael J Dolan, who is set to retire from the post on the same date. 

Founded 155 years ago in Santiago de Cuba on February 4, 1862, family-owned Bacardi manufactures 200 brands of alcohol and sells in more than 160 countries. With this, Madhavan will become the second Indian to head a global liquor giant.

Here is all you need to know about the company's new CEO:

(With inputs from Bacardi Limited)

(Feature image source: Twitter| Top Shelf Direct)