Parag Paranjpe is currently Group CHRO at RJ Corp, parent company of Varun Beverages (Largest bottler of Pepsi outside USA), Devyani International, franchisee of Yum Foods (KFC /Pizza Hut), Costa Coffee and Vaango. It also owns Creambell Ice cream brand.

Parag completed his post-graduation in PM & IR from TISS, Mumbai in 1988.Thereafter he has worked with companies such as Cadbury India, Thomas Cook, Bunge, ICICI Venture in HR Leadership Roles. Prior to joining RJ Corp, he was working with Aditya Birla Group, initially as the Group Head for Talent Staffing and Employee Relations and later as CHRO of GRASIM (Pulp and Fibre business).