Hindustan Unilever appoints Ritesh Tiwari as chief financial officer
FMCG major Hindustan Unilever Ltd (HUL) has appointed Ritesh Tiwari as chief financial officer and member of the board. He will also take over as the vice president finance, South Asia, Unilever.
Tiwari will succeed Srinivas Phatak, who will move to parent firm Unilever's headquarters in London. Tiwari's appointment as chief financial officer and a member of the board will be effective from May 1, 2021, subject to necessary government approvals.
“I would like to thank Srinivas for his purpose-driven leadership and invaluable contributions to the business. He has passionately led HUL’s Finance function and steered the business through transformational changes such as the Goods and Services Tax implementation and GSK Consumer Healthcare (GSK CH) - HUL merger, the largest in the industry," HUL chairman and managing director, Sanjiv Mehta, said in a statement.
Tiwari had joined HUL as a management trainee in 1999 and from the last 21 years has led a variety of teams, both within India and across Unilever, in core finance and as a business partner to front-end sales, categories, and supply chain.
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