HUL announces management changes within its home, and beauty & personal care portfolios2 min read . Updated: 31 Jan 2020, 09:29 PM IST
- Nair has spent over two decades at the maker of Surf Excel detergent and Lux soaps working across consumer insights, customer development, and marketing
- Narasimhan joined HUL in 1999 and in a career spanning two decades, she has worked across businesses and geographies
NEW DELHI : India’s top packaged consumer goods firm Hindustan Unilever Ltd (HUL) on Friday announced management changes at the company’s home care, and personal & beauty care divisions.
Prabha Narasimhan has been appointed as executive director of its home care business. Narasimhan will replace Priya Nair—currently executive director, home care—who will now assume the role of executive director of the company's beauty and personal care division overseeing brands such as Dove, Pond's, Vaseline, Fair &Lovely, Axe, among others. The portfolio has seven power brands that each have a turnover of over Rs1,000 crore.
Nair has spent over two decades at the maker of Surf Excel detergent and Lux soaps working across consumer insights, customer development, and marketing.
Nair will replace Sandeep Kohli who will relocate to Dubai as vice president, beauty and personal care, overseeing the consumer goods giant's North Africa, Middle East, Turkey, and Russia markets.
Nair will continue to be a member of the HUL management committee; while Narasimhan will join the management committee effective February 1, 2020.
Narasimhan joined HUL in 1999 and in a career spanning two decades, she has worked across businesses and geographies. In her most recent role, she led the skin and colour cosmetics.
“I would like to thank Sandeep for his leadership in growing our beauty and personal care business and wish him the very best for his new role. I look forward to Priya taking the beauty and personal care division to the next level of performance and take this opportunity to thank her for her outstanding contributions to home care. And finally, I would like to welcome Prabha to the HUL Management Committee and wish her great success," Sanjiv Mehta, chairman and managing director, HUL, said in a statement to the media on Friday. The company also announced its December quarter earnings on Friday.
Additionally, HUL also announced the appointment of Helion Advisors’ Dr Ashish Gupta, as an independent director on its board effective January 31, 2020. Gupta, co-founded investment firm Helion Advisors in 2006 and presently represents Helion Advisors, managing a corpus of $600 million across three funds, HUL said in a statement announcing his appointment. Gupta—an alumni of Stanford University and IIT (Kanpur)—also serves on the boards of Infoedge, Simplilearn, among others.
Gupta brings with him extensive knowledge and understanding of the digital ecosystem appointment, said Mehta. The diversity and richness, coupled with the entrepreneurial experiences that Ashish has will be useful to us as we take the next leap in our digital transformation journey, Mehta said.