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Priya Nair becomes first woman CEO at HUL


Hindustan Unilever Ltd (HUL) has named Priya Nair Jawa, 53, as its new managing director and CEO efficient August 1, succeeding Rohit Jawa, who will go away from the corporate after a two-year stint in India, the shortest tenure for any MD on the client items agency.

At current, Nair is the president of magnificence and well-being enterprise at Unilever and can turn out to be the primary lady CEO at HUL.

“Priya has had an impressive profession in HUL and Unilever. I’m sure that together with her deep understanding of the Indian market and glorious monitor file, Priya will take HUL to the following degree of efficiency,” stated Nitin Paranjpe, Chairman at HUL.

Nair joined HUL in 1995 and held a number of gross sales and advertising roles throughout residence care, magnificence & wellbeing, and private care companies. An MBA from Symbiosis Institute of Enterprise Administration, Pune, Nair joined HUL as a administration trainee within the client insights workforce. Earlier than shifting to the mum or dad firm, she led each residence care and sweetness and private care portfolios over the previous decade at HUL. She had led the launch of HUL’s rural cellular advertising initiative, ‘Kan Khajura Tesan’, which acquired three Gold Lion awards on the 2014 Cannes Lions Worldwide Pageant of Creativity.

Jawa had a 37-year profession in Unilever, together with government vice chairman North Asia and Chair Unilever China and Philippines. Throughout Jawa’s tenure of over two years in India, the corporate delivered simply 2% gross sales development amid slowdown in broader client market and intensifying competitors from smaller new age gamers. HUL stated Jawa launched the ‘aspire’ technique to remodel portfolio and channels in direction of high-growth demand areas. The corporate additionally acquired direct to client manufacturers Minimalist and Oziva to enter area of interest sub-segments in magnificence and wellbeing.

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“I want to thank Rohit for main the enterprise by robust market situations and strengthening its foundations for achievement. The corporate took decisive actions to sharpen the portfolio and additional stepped up its market management during the last two years. I want him the easiest for the following chapter in his life,” Paranjpe added.