Srinivas Phatak appointed as CFO of Hindustan Unilever

FMCG major Hindustan Unilever has announced the appointment of Srinivas Phatak as its Chief Financial Officer and Executive Director, Finance and IT.

 

The company in a statement said, “Srinivas Phatak, currently Vice President, Finance Services, Unilever, will take over from Balaji as the Executive Director, Finance and IT and CFO for HUL.”

 

The appointment will be effective from December 1, 2017.

 

Sanjiv Mehta, CEO and Managing Director, HUL said, “He (Phatak) comes with a rich experience across different areas of the finance function both in HUL as well as in Unilever.”

 

“Balaji as CFO of the company has contributed immensely to the growth agenda of the company and has led a successful GST transition”, he added.

 

Srinivas have played number of roles in the company including Commercial Manager Chiplun Factory, Head of Treasury, followed by leadership roles such as General Manager Finance for Foods and Refreshments and Head of Investor Relations for HUL.