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Sanjiv Mehta is the MD and CEO of which FMCG company?
A)
ITC Limited
B)
Britannia Industries
C)
Nestlé India
D)
Hindustan Unilever Ltd

Correct Answer : Option (D) - Hindustan Unilever Ltd


FMCG major Hindustan Unilever Ltd (HUL) on Thursday(24th Feb 2022) announced the appointment of Nitin Paranjpe, currently the chief operating officer of Unilever, as the non-executive chairman with effect from March 31. Sanjiv Mehta will continue as the chief executive officer and managing director. 
 
The company separated the roles of chief executive officer/managing director and chairman in “consonance with emerging progressive governance trends'’. The HUL decided on separating the roles despite the Securities and Exchange Board of India (SEBI) recently saying that it was no longer necessary to separate the roles. The SEBI had made it mandatory for listed companies earlier to separate the position of CEO and chairperson and MD. 

Source : Outlook India

Published On : February 25, 2022
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