"The appointments are a part of our ongoing efforts to leverage the scale and size of our organisation and brand building capabilities and to build functional excellence across the organisation. Together, these will ensure the company's competitiveness and sustained profitable growth," Harish Manwani, HLL chairman and president Unilever Asia and Africa said.
Besides Baillie, new members inducted into the Management Committee are Sanjay Dube as executive director (sales and customer development), Dhaval Buch as executive director (supply chain), Anoop Mathur as executive director (speciality exports) and Nitin Paranjpe as executive director (home & personal care), HLL said in a communication to the Bombay Stock Exchange.
All the appointments will be effective from March 1, 2006. The announcements are a part of the process of simplifying the leadership structure and follow-up on the earlier appointments announced last month.
Second round of HLL reshuffle in January
The business directors will have profit and loss responsibility for their businesses to provide a decentralised and simplified decision making structure and a single chain of command through the CEO will ensure the benefit of synergies across businesses, it said. The functional directors will ensure excellence in functions and capability building.
M K Sharma will continue as vice chairman with operational responsibilities for HR legal, secretarial, corporate communications and corporate affairs. While Sundaram will continue as finance director and S Ravindranath as managing director of Foods. They will be a part of the Management Committee reporting to Douglas Baillie.
Sanjiv Kakkar has been appointed as executive director (Foods), responsible for marketing and strategy. Kakkar will succeed S Ravindranath after his retirement.
Dalip Sehgal will continue as executive director new ventures and marketing services - and will report to Douglas Baillie.