ANI
14 Mar 2019, 17:33 GMT+10
Mumbai (Maharashtra) [India], Mar 14 (ANI): Sanjiv Mehta, Chairman and Managing Director of Hindustan Unilever Limited (HUL), has been elevated as the President of Unilever South Asia.
He will also be a member of the Unilever Leadership Executive while continuing in his present position. The change is effective from May 1, the FMCG major said on Thursday.
"Sanjiv has been instrumental in unlocking strong performance in South Asia, delivering exceptional top and bottom line growth," said Unilever Chief Executive Officer Alan Jope. "I look forward to welcoming him onto the Unilever Leadership Executive, where he will add invaluable insights and leadership."During Sanjiv's tenure at the helm of HUL, the company delivered on the 4-G growth model embracing consistent, competitive, profitable and importantly, responsible growth.
"His tenure has also seen a tremendous focus on the company's mergers and acquisition strategy with acquisitions of brands like Indulekha, Adityaa Milk and most recently the proposed merger of GSK Consumer Healthcare with HUL," it said in a statement.
HUL is India's largest fast-moving consumer goods company with a heritage of over 80 years and touches the lives of nine out of ten households.
(ANI)Get a daily dose of New York Telegraph news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to New York Telegraph.
More InformationREDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...
(Photo credit: Vincent Carchietta-Imagn Images) Katie Taylor won another instant classic against Amanda Serrano on Friday night,...
(Photo credit: Ed Szczepanski-Imagn Images) Alejandro Kirk and Nathan Lukes each drove in two runs during a six-run fifth inning...
(Photo credit: Denny Medley-Imagn Images) Mark Vientos laced a go-ahead, three-run double in the eighth inning, Franciso Lindor added...