Sanjiv Mehta, Chairman and Managing Director of Hindustan Unilever Limited (HUL), will be appointed as president of the Federation of Indian Chambers of Commerce and Industry (FICCI).
The industry chamber said that he will be taking over the position at its Annual General Meeting on December 18.
He will be succeeding media industry veteran Uday Shankar, who is the current President.
Sanjiv Mehta & His Many roles
Mehta is also the President of Unilever South Asia (India, Pakistan, Bangladesh, Sri Lanka, and Nepal) and a member of Unilever's Global Executive Board's 'Unilever Leadership Executive.' He is also a Director on the Board of the Indian School of Business, a member of the Breach Candy Hospital Trust, and a member of Harvard Business School's South Asia Advisory Board. He is the chairman of Xynteo's 'Vikaasa,' a coalition of top Indian and multinational corporations.
In his eight years tenure at the helm< HUL’s market capitalization has increased by over $55 billion making it one of the most valuable corporations in the country.
Forbes rated HUL as the most innovative firm in India and the eighth most innovative company in the world.
Mehta has done his Bachelor of Commerce (India), a Chartered Accountancy (India), and has also completed his Advanced Management Program from Harvard Business School.
About FICCI:
FICCI is India's largest and oldest apex business organization. FICCI, a non-governmental, non-profit organization, is the voice of India's business and industry.
FICCI expresses the views and concerns of the industry. It supports members from the Indian private and public corporate sectors, as well as global corporations, drawing strength from varied regional chambers of commerce and industry across states and reaching out to over 2,50,000 businesses.
FICCI provides a platform for networking and consensus building within and across sectors and is the first port of call for Indian industry, policy makers and the international business community.
