Jyothy Labs elevates Ullas Kamath to joint managing director
28 Jan 2012
Jyothy Laboratories Ltd (JLL), which last year acquired 51-per cent stake in Henkle India, has announced the promotion of deputy managing director K Ullas Kamath as joint managing director.
The appointment is with retrospective effect from 23 January 2012.
Kamath joined JLL 21 years ago and has been the driving force in the company's transformation from a proprietary concern to a multi-brand FMCG corporate with key brands like Ujala, Henko, Pril, Fa, Margo, Mr White, Chek, Neem, Exo and Maxo, the company said.,
"Under his leadership, JLL had a successful IPO offering in the year 2007 and a QIP in 2011. He was also instrumental in the takeover of Henkel AG's India operations in 2011 and helped elevate JLL from a 3 brands to a 10 brands company," a statement from Jyothi said.
It further said, Kamath was also involved in the launch of JLL's 'Fabric Spa' in 2008, facilitating JLL's diversification into the services sector as well.
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