Rohit Jawa will replace the current MD and CEO Sanjiv Mehta, who has been at the helm of Hindustan Unilever since 2013.
The board of Hindustan Unilever Limited (HUL) on March 10 approved the appointment of Rohit Jawa, a senior executive of UK-based parent unit Unilever, as its next Managing Director and Chief Executive Officer.
The appointment for a period of five years will be effective from June 27, 2023, the FMCG giant informed the stock exchanges.
Jawa will replace the current MD and CEO Sanjiv Mehta, who has been at the helm of Hindustan Unilever since 2013.
Prior to taking over as MD & CEO, Jawa will be appointed as whole-time director of the company with effect from April 1 to June 26.
“The appointment of Rohit Jawa as whole-time director and MD & CEO will be subject to the approval of the shareholders and other statutory approvals as applicable,” HUL said.
The board of the company has also approved the appointment of Ranjay Gulati as an independent director for a continuous term of five years commencing from April 1, 2023.
About Rohit Jawa
The 56-year-old Java, an MBA in Marketing from Delhi’s Faculty of Management Studies, started working with the Unilever Group more than three decades ago. He is currently based in London as Unilever’s head of transformation – a charge he will be given in January 2022.
Jawa began his career with HUL in 1988 as a management trainee, and went on to work in key managerial roles for Unilever across various geographies including South East Asia and North Asia.
HUL said in a release, “As EVP for North Asia and President of Unilever China, he led a significant transformation of Unilever China into a competitive, profitable and sustainable business, which is now Unilever’s third largest business.” “
As president of Unilever Philippines, he led the business to become one of the top 10 markets for Unilever globally.
“She has a deep understanding of the business landscape, particularly in Asia and has led the transformation of Unilever businesses in China and the Philippines. I am sure that with her astute business acumen and growth
Rohit’s mindset will take HUL to the next level of performance,” said Nitin Paranjpe, non-executive chairman of HUL, commenting on Jawa’s appointment as the next MD and CEO of the company.