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Unilever Pakistan Limited was founded as Lever Brothers Pakistan Limited in 1948. [2] The town of Rahim Yar Khan was the site chosen for setting up a personal care factory. In the mid 1960s, the company shifted its headquarters to Karachi from the Rahim Yar Khan site. [3] In December 1980, Unilever was listed on the Karachi Stock Exchange. [4]
Mehta became the CEO and MD of Hindustan Unilever in October 2013, and in June 2018 was appointed chairman. He also heads Unilever's business in South Asia, as cluster president encompassing businesses in India, Pakistan, Bangladesh, Sri Lanka and Nepal. [5] Mehta is a member of the Unilever leadership executive, its global executive board. [6]
He was made a non-executive chairman of Hindustan Unilever in 2005. In 2011, he was appointed the global COO for Unilever, with P&L responsibility for all the markets. [ 2 ] He retired on 31 December 2014, after more than 38 years.
Hindustan Unilever's "Glow & Lovely" is the leading skin-lightening cream for women in India. [20] The company had to cease television advertisements for the product in 2007. Advertisements depicted depressed, dark-complexioned women, who had been ignored by employers and men, suddenly finding new boyfriends and glamorous careers after the ...
On 30 March 2004, Unilever Pakistan accepted an offer of Rs.1.33 billion for the sale of its Dalda brand and related business of edible oils and fats to the newly incorporated company, Dalda Foods (Pvt.) Limited. This was a one-of-a-kind corporate transaction in Pakistan, in which a group of six senior Unilever executives formed a management ...
He is currently Unilever’s Chief Operating Officer, a role he was appointed in May 2019. [1] Paranjpe is also a member of the Unilever Leadership Executive. [1] Paranjpe was the youngest CEO in the history of Hindustan Unilever and was credited as a man who turned around the fortunes of the business in a tough macro-economic environment. [5]
Prakash Tandon (1911–2004) was one of India's most influential business leaders [neutrality is disputed] in the second half of the 20th century. He attained fame for his classical account of Punjabi life in the autobiographical book "Punjabi Century," the first part of a trilogy of which the next two parts were "Beyond Punjab and "Return to Punjab".
In 2003, Bunge Limited acquired the Dalda brand from Hindustan Unilever Limited for reportedly under Rs 1 billion. [36] On 30 March 2004, Unilever Pakistan accepted an offer of Rs. 1.33 billion for the sale of its Dalda brand and related business of edible oils and fats to the newly incorporated company Dalda Foods (Pvt.) Limited. [37]