Moving on: Banga. Bloomberg

Michael B. Polk, president, Americas, will succeed Banga and in turn be replaced by Dave Lewis, executive vice-president of Unilever, the UK and Ireland.

Banga “is a great leader and has had a very successful career with Unilever. He was responsible for a significant improvement in our innovation results, delivering bigger ideas with global scale, and he will leave a lasting impact on the company," Paul Polman, chief executive officer of Unilever, said in a statement.

Banga was in 2000 appointed chairman and managing director of Hindustan Unilever Ltd, Unilever’s India arm.

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