Paranjpe will be joining Unilever Leadership Executive (ULE) as President, Home Care. Mehta is currently Chairman, North Africa & Middle East, Unilever
BestMediaInfo Bureau | Delhi | July 29, 2013
Hindustan Unilever Limited (HUL) has announced key changes in the Management Committee of the company. Nitin Paranjpe, currently Managing Director and CEO of HUL, will be joining the Unilever Leadership Executive (ULE), taking on the role of President, Home Care.
Sanjiv Mehta, currently Chairman, North Africa & Middle East (NAME), Unilever, has been appointed Managing Director and CEO of HUL to replace Paranjpe with effect from October 1, 2013. The appointment has been approved by the Board of Directors of HUL and will be subject to approval of shareholders. He will also be responsible for the South Asia cluster which includes India, Pakistan, Sri Lanka, Bangladesh and Nepal.
Harish Manwani, Chairman, HUL, said, “The changes reflect our strong commitment towards leadership development and our tradition of leveraging experiences and synergies of talent across markets. I wish to take the opportunity to express my deep appreciation for the significant contribution that Nitin made to the business in India and his leadership in driving the growth agenda. I would like to congratulate him on his richly deserved elevation to the ULE.”
Manwani added, “I am pleased to welcome Sanjiv to his new role. Sanjiv brings with him rich experience of successfully leading businesses across developing and emerging markets. I am confident that he will further build on the growth momentum and drive the company’s agenda of competitive, consistent, profitable and responsible growth.”Own BestMediaInfo Android app for fastest updates and breaking news. Click here to download for free.