Bobby Parikh joins Hindustan Unilever board as Independent Director
This appointment reinforces strong governance alongside strategic leadership to sustain its market leadership and growth trajectory in the competitive FMCG sector.
INDIA – Hindustan Unilever has strengthened its board by appointing Bobby Parikh as an Independent Director, with the appointment effective from December 1, 2025, for a five-year term until November 30, 2030, subject to shareholder approval.
Parikh, a seasoned financial advisor and corporate governance expert, will additionally take on the roles of Chairman of the Risk Management Committee and Member of the Audit Committee at HUL.
His appointment represents a strategic move to bolster the company’s leadership and governance, aligning with its ambitions for sustainable growth and for navigating the evolving FMCG landscape.
Bobby Parikh brings decades of experience guiding businesses through transformations.
He is known for his expertise in financial strategy and regulatory frameworks, having served as CEO of Ernst & Young India, country managing partner at Arthur Andersen, and co-founder of BMR Advisors.
He also holds directorships at prominent companies, including Infosys, Biocon, and Indostar Capital.
Nitin Paranjpe, Non-Executive Chairman, HUL, said, “We are delighted to welcome Bobby to the HUL Board as an Independent Director. His experience, combined with expertise in financial strategy and regulatory frameworks, has helped organisations steer complex transformative business changes.”
“We look forward to his insights and contributions in the Company’s next phase of growth.”
Parikh himself stated it is an honour to join HUL’s board, a company recognized for its benchmarks in corporate governance and responsible business, and expressed eagerness to collaborate with fellow board members and leadership to guide HUL through new opportunities and challenges.
The appointment comes after Niranjan Gupta was recently appointed as the Chief Financial Officer (CFO) Designate of Hindustan Unilever Limited (HUL), effective September 1, 2025, and will officially assume the role and join the HUL Board from November 1, 2025.
He succeeds Ritesh Tiwari, who is moving to a global role as Global Head of Mergers & Acquisitions and Treasury at Unilever PLC, based in London, starting November 1, 2025.
Gupta began his career at HUL, gaining 20 years of diverse leadership experience across finance, mergers and acquisitions, supply chain, and strategic roles.
After leaving HUL, he served as CFO and later as CEO at Hero MotoCorp, where he strengthened the company’s financial health and strategic partnerships.
Sign up to receive our email newsletters with the latest news updates and insights from Africa and the World HERE.
