Business Standard
Wednesday, May 30, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Manvinder Singh Banga to leave Unilever
Press Trust of India / London Mar 18, 2010, 17:08 IST

After 33 years of service in global FMCG giant Unilever, Manvinder Singh Banga, better known as Vindi Banga, will leave the company by May this year.

India-born Banga has been responsible for Unilever's food, home and personal care business, besides being a member of the executive board. He will be replaced by Micheal B Polk, who is currently President of Unilever Americas.

"I had 33 wonderful years with the group. It was a fantastic experience and the last 5-6 years particularly on the executive board were very satisfying. We have collectively transformed the company," Banga said.

Banga was appointed Chairman and Managing Director of Unilever's Indian subsidiary Hindustan Unilever in 2000. From 1995 to 1998, he was the director for detergents, HUL as well as category leader for soaps and detergents for Unilever's Central Asia and Middle East Region.

He had worked as Senior Vice-President, hair and oral care from 1998 to 2000.

In 2004, he was promoted as business group President for Unilever's home and personal care business in Asia. He was also Non-Executive Chairman of Hindustan Lever.

In April 2005, Vindi joined the newly formed Unilever Executive (UEX) and was appointed President Foods. Recently, he was awarded India's civilian honour Padma Bhushan.

Commenting on the experience during the financial meltdown, Banga said, "Last year, when it was a torturous test for everybody, we performed better than our peers."

Asked about his future plans, he declined to divulge saying he would not like to comment on it as he would continue with Unilever till May end. "There are wonderful opportunities... I would leverage from my global experience," Banga added.

Unilever CEO Paul Polman described Banga as a great leader who was responsible for significant improvement in the company's innovation results, delivering bigger ideas with global scale.

"He will leave a lasting impact on the company. He will be greatly missed," Polman said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- RIL regains most influential stock status
- DIIs net sellers of Rs 183 cr in cash mkt today
- We see more in India than just an offshore base: Gilles Grapinet
- Boeing delivers US Navy combat plane with Indian equipment
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- "Discover The Power of One"
- Journey on, We are by Your Side. Click here to know more
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- SBI to rework structure in circles
- Foreign investor norms eased to accelerate capital inflows
- JLR helps Tata Motors log over two-fold rise in net
- KBC 6 gets record registrations
- Striking Air India pilots have no rights to be trained: HC
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us