Nitin Paranjape new head of Hindustan Unilever

Thursday, 28 February 2008, 14:02 Hrs   |    3 Comments
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Mumbai: Hindustan Unilever (HUL) announced Thursday that it has appointed Nitin Paranjape as the company's new managing director and chief executive officer.

The incumbent, Douglas Baillie, will join the Unilever Executive, taking over as the new president for western Europe. Baillie joined Unilever South Africa in 1978 and served in different capacities in South Africa, Britain, Australia and India.

Paranjape, who joined the HUL as a management trainee 21 years ago, is currently serving as the executive director, home and personal care.

Climbing up the ranks quickly, Paranjape handled various departments with different responsibilities. In April 1996, he headed the Chennai branch and three years later was appointed a member of the Project Millennium Team.

In 2000, he was entrusted with a review of the organisation structure at Unilever, London before taking over as category head in India for some of the company products in 2002.

He became vice-president - home care, India, responsible for the top and bottom-line of the homecare business.

Welcoming the change, HUL chairman Harish Manwani said: "Nitin brings with him significant experience of managing business and functional strengths in sales and marketing. I am confident that Nitin will bring further impetus to the company's growth agenda.

"The changes reflect our strong commitment towards leadership development and our tradition of leveraging experiences and synergies of talent across markets."
Source: IANS
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