Tuesday, May 03, 2005
Tuesday, May 03, 2005 |
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Staff Correspondent
MUMBAI: The board of directors of Hindustan Lever Ltd. (HLL), at a meeting held last week, has decided to co-opt Harish Manwani, at present President (Asia and Africa) of Unilever, as an additional director. The board at the forthcoming annual general meeting, scheduled for June 24, is seeking to elect Mr. Manwani as the non-executive Chairman of HLL in succession to M. S. Banga. Consequent to his appointment as President (Foods) of Unilever, Mr. Banga, non-executive Chairman, has advised the board that he would not seek re-election as a non-executive director. The company's current National Management team comprising M. K. Sharma, Vice Chairman, D. Sundaram, Director (finance and IT), Arun Adhikari, Managing Director (HPC), and S. Ravindranath, Managing Director (Foods), remains unchanged.
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