Sanjiv Mehta, chairman and managing director, Hindustan Unilever Limited (HUL) will be appointed as the President of Federation of Indian Chambers of Commerce and Industry (FICCI) at its 94th annual general meeting. Mehta, currently, the senior vice pPresident of FICCI, will be succeeding Uday Shankar, the current President of FICCI.
Mehta is also the President of Unilever South Asia and is a member of the ‘Unilever Leadership Executive’ which is Unilever’s Global Executive Board.
During his eight years at the helm, HUL’s market capitalisation has increased by over $55 billion making it one of the most valuable companies in the country. In this period, HUL has won several awards and recognitions. Forbes rated HUL as the most innovative company in India and the 8th most innovative company in the world.
Mehta is also a director on the board of Indian School of Business, member of the Breach Candy Hospital Trust and the South Asia Advisory Board of Harvard Business School. He chairs Xynteo’s ‘Vikaasa’, a coalition of top Indian and MNC companies.
