Appoints Leo Puri as independent director
Hindustan Unilever on Friday appointed Leo Puri (57), as an independent director on its board with effect from Friday.
Puri, until recently, was the Managing Director of UTI Asset Management Company. He has also previously served as an Independent Director in companies, including Max New York Life Insurance Company, Infosys, and Bennett Coleman & Co, HUL said in a statement.
Prior to joining UTI Asset Management Company as CEO in August 2013, Puri was Director at McKinsey & Company until 2007, and has also been a Senior Advisor to the firm.
He was a Managing Director at Warburg Pincus, a leading private equity firm, from 2007 to 2011. Earlier in his career he worked in the UK, the US and Singapore with AT Kearney, Spicer & Oppenheim and Lloyds Bank.
Sanjiv Mehta, Chairman & MD, HUL, said, “Leo has a great track record of strategic leadership and transformation engagements across local and global markets. His experience and expertise across private and public institutions will be an excellent complement to our board.”