Hindustan Unilever has appointed Sanjiv Mehta as the Managing Director and CEO of the company. "Sanjiv Mehta, currently Chairman, North Africa & Middle East (NAME), Unilever, has been appointed as the Managing Director and Chief Executive Officer of the Company in place of Nitin Paranjpe with effect from October 01, 2013," the company has stated in a release.
Nitin Paranjpe, currently the Managing Director and Chief Executive Officer of the Company will be joining the Unilever Leadership Executive (ULE), taking on the role of President, Home Care with effect from October 01, 2013.
The appointment has been approved by the Board of Directors of the Company at its meeting on July 26, 2013 alter the Nominations & Remuneration Committee of the Board had recommended the same to the Board and will be subject to the approval of the Shareholders.
Sanjiv Mehta will also be responsible for South Asia cluster which includes India, Pakistan, Sri Lanka, Bangladesh and Nepal.