MAM
Reckitt Benckiser issues first global gender pay report
MUMBAI: As part of its commitment to diversity and inclusion, gender equality and corporate transparency, Reckitt Benckiser today reported on gender pay in its top five markets around the globe in the company’s first global Gender Pay Report.
As one of the first FTSE 100 companies to go beyond the UK’s gender pay disclosure requirements, RB’s 2019 report covers the US, the UK, China, India and Mexico, which represents nearly 50 per cent of RB’s global employees. This is an increase in scope from RB’s 2017 and 2018 Gender Pay Reports that looked solely at RB’s UK businesses.
At RB, diversity and inclusion is a business imperative. Within this one of the focus areas is increasing the proportion of women in RB’s leadership and decision making. There are therefore several ongoing initiatives including last year’s launch of RB’s new global parental leave policy, positioning RB in the top top-tier of FTSE 100 companies. RB’s global ambition is to double the numbers of women in senior management positions to 40 per cent by 2022, from a 2016 baseline of 20 per cent. In 2019, 26 per cent of RB’s senior management positions globally were held by women.
Reckitt Benckiser chief human resources officer Ranjay Radhakrishnan commented, “In 2019, we promised to go beyond what was legally required for gender pay reporting. Today, I’m proud to say that we have delivered on that commitment, issuing our first global Gender Pay Report covering our five largest markets and representing nearly 50 per cent of our global employees. It is clear that RB needs to better reflect our consumers and the profile of the markets we operate in. We recognise there is more to do to achieve our ambition of increasing the number of women in senior management positions to 40 per cent by 2022.”
Brands
SBI General Insurance appoints Shrish Mahuli as chief business officer
Industry veteran with 24 years’ experience to drive growth and distribution
MUMBAI: SBI General Insurance has appointed Shrish Ramchandra Mahuli as chief business officer, strengthening its leadership team as it looks to accelerate growth and deepen market reach.
In his new role, Mahuli will oversee the company’s overall business strategy, expand distribution channels and drive customer-focused growth initiatives across key markets. The move comes as the insurer sharpens its focus on profitable growth and enhanced customer engagement.
Mahuli brings over 24 years of experience across the insurance and automotive sectors. He has previously held leadership roles at Reliance General Insurance, ICICI Lombard General Insurance and Tata Motors, where he worked on scaling businesses and strengthening distribution networks.
SBI General Insurance managing director and CEO Naveen Chandra Jha said, “We are delighted to welcome Mr Mahuli at a time when the industry is witnessing strong momentum driven by rising awareness and evolving customer needs. His deep domain expertise and proven leadership will be instrumental in strengthening our distribution footprint and driving profitable growth.”
SBI General Insurance chief business officer Shrish Ramchandra Mahuli said, “I am pleased to join SBI General Insurance at a time when the industry is evolving rapidly. I look forward to working with the team to further strengthen the business and drive sustainable growth.”
The appointment underlines the company’s push to build leadership depth and deliver more accessible, customer-centric insurance solutions in a rapidly evolving market.
