Veteran corporate leader Nitin Paranjpe of Unilever will retire at the end of May 2024, he announced on professional networking website LinkedIn.
Paranjpe joined Hindustan Unilever (HUL), then called Hindustan Lever, in 1987 on a management training scheme and was associated with the company for 37 years.
“.....It is hard for me to stress quite how much of an achievement it felt to be offered a role in HLL, which even back then was one of the most iconic companies in India. It was a role that nearly anyone in India would have been thrilled to get – and that hasn’t changed. Today, Unilever remains one of the most sought after employers in India,” he wrote.
“Once I was here, I really never thought beyond three years or so, because every role I reached felt like a new success. I have always said that when I was made Head of Sales I could have retired, happy with where my career had got to. And it’s true! Everything beyond that role has been purely a bonus….,” Paranjpe added.
Paranjpe is currently the Chief People Officer and Chief Transformation Officer at Unilever. As Unilever's chief transformation and chief people officer, he lead business transformation and headed the Human Resources (HR) function.
Earlier, he held various roles in marketing and sales in the company. He was appointed as the chief executive officer, India, and Executive Vice President for Unilever South Asia in April 2008. He has also held the post of chief operating officer (COO) at Unilever.
Paranjpe holds a Bachelor’s Degree in Mechanical Engineering and an MBA in Marketing from Jamnalal Bajaj Institute of Management in Mumbai.
In January, he was also appointed as an independent director on the board of Indian IT giant Infosys.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
