Sanjiv Kakkar has been appointed as executive director - foods,
responsible for marketing and strategy, with effect from 1 March.
He will succeed S Ravindranath, on his retirement.
Dalip Sehgal will continue as executive director - new ventures
and marketing services and will also report to Baillie.
The business directors will have profit and loss responsibility
for their businesses to provide for a decentralized and simplified
decision making structure. A single chain of command through the
CEO will ensure the benefit of synergies across businesses. Functional
directors will ensure excellence in functions and capability building.
Announcing the appointments, Manwani said, "The appointments
are a part of our ongoing efforts to leveraging the scale and
size of our organization, to bring more focus on our 'Go-to-market'
and brand building capabilities and to build functional excellence
across the organization. Together, these will ensure the company's
competitiveness and sustained profitable growth."
"The business will remain focused on market leadership,
cost leadership and thought leadership," Manwani added.
These announcements are a part of the process of simplifying
the leadership structure and follow-up on the earlier appointments
announced on 16 December last year.
In 2005, HLL showed consistent progress with a double-digit growth
in January - September. The company continues to strengthen its
competitiveness and has gained market share across categories,
including the highly competitive categories of laundry and hair
wash. This has been driven by a combination of innovations, market
activation, new distribution initiatives and higher brand investments.
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