Friday, March 19, 2010

M.S. Banga to leave Unilever after 33 years




Source: Business Line:Bureau
Mumbai, March 18
Mr M.S.(Vindi) Banga, President, Global Foods, Home and Personal
Care and member of the Unilever Executive based in London, 
has decided to leave Unilever at the end of May after serving
the FMCG major for 33 years.

The 55-year-old Mr Banga will be replaced in his current role by Mr Michael B. Polk, President, Americas. Mr Polk will be succeeded by Mr Dave Lewis, currently Executive Vice-President of Unilever, UK & Ireland, who will join the Unilever Executive. Mr Banga led the creation of a One Unilever Global Foods, Home and Personal Care Global Category organisation, which is now responsible for innovation and marketing mix development for all Unilever brands.

Mr Banga was a member of the Unilever Executive leadership team which transformed the company's performance.
Many roles

He joined Unilever in India and has since worked in a number of roles around the world.

In 2000 he was appointed Chairman and Managing Director of Hindustan Unilever Ltd (HUL), which is Unilever's operating company in India.

In 2004 he was appointed President, Home and Personal Care Asia based in Singapore. In this role he was responsible for a €7-billion business across North-East Asia, China, South-East Asia, Australasia and South Asia, including India.

In 2005 he joined the Unilever Executive Board as President, Foods and created the Foods Category Organisation.

In 2008, he was given additional responsibility for the Home & Personal Care categories. In 2010 Mr Banga was awarded the Padma Bhushan.

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