HLL revamps management team

Our Convergence Bureau
16 April 2004

M.S. Banga, Chairman, HLL, has been appointed as the Business Group President of Unilever''s personal care (HPC) business in Asia. He will, however, continue as non-executive Chairman of HLL.

A four-member team called National Management headed by M.K. Sharma, Vice-Chairman of HLL, will be in charge of operations at HLL. The other members of the team are, D. Sundaram, Director - Finance & IT; Arun Adhikari, Managing Director - HPC; S. Ravindranath, Managing Director - Foods.

Aart Weijburj, Director (Detergents), and Guninder Kapur, Executive Director (Foods), will be joining Unilever, HLL''s parent company

The National Management team will have the responsibility for HLL''s performance and results and overall co-ordination of the divisional structure and corporate, the company said in a news release. . The FMCG businesses will be consolidated to form two divisions - HPC and Foods. HPC will include soaps, detergents and personal products, while Foods Division will include beverage, foods, ice cream and confectionery businesses.

Banga will have an overall responsibility for the HPC business of Unilever in Asia covering India, China, Japan, Korea, Vietnam, Australia, New Zealand, the Philippines, Indonesia, Malaysia, Singapore, Hong Kong, Taiwan, Thailand, Pakistan, Bangladesh, Sri Lanka and Nepal.

New ventures and non-FMCG businesses comprising plantations and speciality exports will continue to be headed by three Executive Directors - Dalip Sehgal (new ventures), Satish Dhall (plantations) and Anoop Mathur (technology and speciality exports).