Having been associated with Unilever for almost 12 years, Nitin comes with the right set of skills to scale HUL’s business according to the global market and strategise on the company’s growth.
Hindustan Unilever Ltd. (HUL) has reported the isolation of the places of the Chairman of the Board and the CEO and Managing Director. Following this, the organization has named Nitin Paranjpe as a Non-Executive Chairman of the organization.
At present, Nitin is standing firm on the footing of the Chief Operating Officer of Unilever, the parent organization of HUL. He will take over as the Non-Executive Chairman from March 31, 2022.
Having been related with Unilever for just about 12 years, Nitin accompanies the right arrangement of abilities to scale HUL’s business as per the worldwide market and strategise on the organization’s development.
As indicated by the authority discharge, Sanjiv Mehta will keep on working as the CEO and MD. The dispatch expresses that Nitin will take on another job as Chief Transformation Officer and Chief People Officer, driving the business change, and heading the HR work for Unilever viable April 2022. He is likewise an individual from the Supervisory Board of Heineken NV.
Remarking on the new arrangement, Mehta, said, “We invite Nitin back to HUL as the Non-Executive Chairman. He gets immense information and experience which will enhance the consultations and increase the value of the Board.” He additionally said thanks to the Board for their unstinted help delivered to him during his residency and added, “It has been a distinction to have driven the HUL Board throughout the course of recent years.”
Remarking on his arrangement as the Non-Executive Chairman, Nitin said, “It’s an incredible honor to be delegated as the non-chief Chairman of HUL; one of the most regarded organizations in the country. I anticipate working intimately with Sanjiv and the Board to additionally reinforce the organization and assist with exploring the difficulties and open doors in the years to come.”
