Sanjiv Mehta (Indian businessman)

Sanjiv Mehta (born 1959/1960) is an Indian business executive, and the former chairman and managing director (MD) of Hindustan Unilever Limited, India's largest fast moving consumer goods (FMCG) company and one of the top five most valuable companies in India.[4] Mehta became the CEO and MD of Hindustan Unilever in October 2013, and in June 2018 was appointed chairman. He also heads Unilever's business in South Asia, as cluster president encompassing businesses in India, Pakistan, Bangladesh, Sri Lanka and Nepal.[5] Mehta is a member of the Unilever leadership executive, its global executive board.[6]

Not to be confused with Sanjiv Mehta (British businessman).

Sanjiv Mehta
Born1959 or 1960 (age 63–64)[1]
NationalityIndian
Alma materInstitute of Chartered Accountants of India[2]
Occupation(s)President, Unilever South Asia
SpouseMona Mehta (m.1993)
Children2[3]

Education

Born in Kanpur, Mehta studied in Mumbai and Nagpur.[7] He is a chartered accountant from the Institute of Chartered Accountants of India[8] and later completed the Advanced Management Programme from the Harvard Business School.[9]

Career

He began his career in 1983 with Union Carbide.  Early in his career, he was part of the crisis management team that worked on the Bhopal Gas tragedy in 1984. Since then, to date, he has been known to start most meetings by reviewing the safety agenda.[10][11] In 1998, he joined the board of Unilever Bangladesh as its commercial director. In April 2002 he was appointed as the chairman and managing director of Unilever Bangladesh.[12] Under his leadership, Unilever Bangladesh went on to become the crown jewel of Unilever's parent company given its competitive growth and stellar performance.[13] In 2007, he moved to Manila as the chairman of Unilever Philippines, and in 2008 was appointed as the chairman of Unilever North Africa and Middle East (NAME).[12] In 2013, he took over Unilever's business in India and South Asia, as Chairman and MD of Hindustan Unilever (HUL).

Under his leadership, in seven years HUL's market capitalisation increased from $17 billion to over $70 billion, making HUL the top five most valuable companies in India, as well as Asia's largest consumer staples company.[14] HUL is now the second-largest Unilever business in the world.[15]

With Sanjiv at the helm of the company, HUL has won several awards, including prestigious Economic Times' Company of the Year' & 'Corporate Citizen of the Year' awards, Business Standard's 'Company of the year' award and the Asian Centre for Corporate Governance and Sustainability's 'Best Governed Company'. Forbes has also rated HUL the 8th most innovative company [16][17] in the world and the most innovative company in India. A global study by Aon Hewitt ranked HUL as the 3rd best Company globally for building leaders behind GE and IBM.[18][14]

Mehta is a firm believer of "doing well by doing good". Under him HUL has taken on and expanded several initiatives that have a far-reaching societal and environmental impact. Through the Hindustan Unilever Foundation and its community partners, water potential of more than 1.3 trillion litres has been created by democratizing water management in villages across India.[19] Further, under the Shakti program, over 136 thousand Shakti women entrepreneurs have been empowered in rural India.[19] Other than that HUL's ongoing health and hygiene initiatives have impacted more than 154 million people all over the country.

In 2021, Sanjiv took over as the President of Federation of Indian Chambers of Commerce and Industry,[20] India's largest and oldest apex business organizations.

Personal life

Mehta grew up in Mumbai[21] and is the son of SP Mehta and Anita Mehta. His parents were uprooted during the partition of India.[7] His father was a retired senior executive with Reserve Bank of India. He is married to Mona Mehta, who too is a chartered accountant[21] and they have twin daughters Naina and Roshni who have studied at Cornell, MIT and Harvard University respectively.[7]

Boards

Ex-President of FICCI[22]

Non-Executive Independent Board member of Air India Limited, TATA Group since 2022[23]

Member of South Asia Advisory Board of Harvard Business School[24]

Co-chairs the Advisory Network to the High-Level Panel for a ‘Sustainable Ocean Economy’ [25]

Chairs ‘Vikaasa’, a coalition of top Indian and MNC companies [26][27]

Director of Board of Indian School of Business [28]

Member of the Breach Candy Hospital Trust [29][28]

Awards and recognition
  • 2004, Business Executive of the Year - American Chamber of Commerce Dhaka
  • May 2016, 'The Outstanding CEO of the Year' at the 3rd edition of the CEO AWARDS 2016 organised by CEO INDIA magazine[30]
  • January 2017, 'Management Man of the Year' award from Bombay Management Association[31]
  • January 2018, Business Leader award from the Institute of Chartered Accountants of India[32]
  • November 2018, Economic Times Award 2018 for Corporate Citizen[33]
  • November 2018, Best CEO Multinational - Forbes India
  • March 2019, Honorary Degree - Doctor of Philosophy in Business Management from Xavier Institute of Management, Bhubaneswar[34]
  • 2019, “Business Leader” of the year award by All India Management Association[35]
  • January 2019, Industry Role Model - Lokmat's Most Stylish Awards[36]
  • 2019, Best Transformational Leader - Asian Centre for Corporate Governance and Sustainability
  • 2019, Business Leader of the Year - The Economic Times
  • 2020, Pralhad P. Chhabria Memorial Global Award - Priyadarshni Academy
  • 2021, Sir Jehangir Ghandy Medal for Industrial and Social Peace - Xavier Institute of Management (XLRI)[37][38]
  • 2021, JRD Tata Corporate Leadership Award - All India Management Association (AIMA)[39]
  • 2021, Best CEO Medium Company Category - Business Today

References
  1. Vijayraghavan, Kala (27 July 2013). "Naming of Sanjiv Mehta as HUL CEO comes as a surprise". Economic Times. Retrieved 6 May 2019.
  2. "Alma mater". Retrieved 3 May 2019.
  3. Gupte, Masoom. "Top boss Sanjiv Mehta ensures gender parity at HUL, credits the women in his life for it". The Economic Times.
  4. Banerjee, Rajiv. "How India's largest FMCG company HUL is innovating". The Economic Times. Retrieved 24 August 2021.
  5. "HUL MD Sanjiv Mehta elevated as President of Unilever South Asia". Business Standard India. Press Trust of India. 14 March 2019. Retrieved 9 April 2019.
  6. "HUL MD Sanjiv Mehta elevated as President of Unilever South Asia". Business Standard India. Press Trust of India. 14 March 2019. Retrieved 11 August 2021.
  7. Vijayraghavan, Kala; Malviya, Sagar. "Naming of Sanjiv Mehta as HUL CEO comes as a surprise". The Economic Times.
  8. "Sanjiv Mehta I India Conference".
  9. "Sanjiv Mehta Education | Salary". IndianCompanies.in. 6 November 2020. Retrieved 31 August 2021.
  10. "Leader in Spotlight".
  11. "Home coming for Sanjiv Mehta".
  12. "All you need to know about Sanjiv Mehta, the new HUL Chairman". Moneycontrol. Retrieved 9 April 2019.
  13. "Unilever launches book 'Jatra' telling its story". The Business Standard. 27 February 2021. Retrieved 22 February 2022.
  14. "Sanjiv Mehta". Unilever. Retrieved 22 February 2022.
  15. "Winning in many Indias: Lessons in growth from Hindustan Unilever". Unilever. Retrieved 23 February 2022.
  16. "Hindustan Unilever". Forbes. Retrieved 23 February 2022.
  17. "The World's Most Innovative Companies". Forbes. Retrieved 23 February 2022.
  18. "Aon Hewitt Announces the 2014 Global Aon Hewitt Top Companies for Leaders". Aon plc Global Media Relations. Retrieved 23 February 2022.
  19. "Sanjiv Mehta". Unilever. Retrieved 23 February 2022.
  20. Team, BS Web (6 December 2021). "HUL chairman Sanjiv Mehta to take over as FICCI president". Business Standard India. Retrieved 22 February 2022.
  21. Ghaswalla, Amrita Nair. "Home coming for Sanjiv Mehta". @businessline. Retrieved 23 August 2021.
  22. "Growth of e-commerce in grocery sector 'irreversible': HUL CMD Sanjiv Mehta". Business Today. Retrieved 6 October 2021.
  23. Vijayraghavan, Kala; Mishra, Mihir. "HUL CEO Sanjiv Mehta likely to be appointed on board of Air India". The Economic Times. Retrieved 31 March 2022.
  24. "HUL's Sanjiv Mehta named Unilever South Asia president". www.fortuneindia.com. Retrieved 6 October 2021.
  25. "Sanjiv Mehta". High Level Panel for a Sustainable Ocean Economy. Retrieved 6 October 2021.
  26. "Sanjiv Mehta of HUL to chair the jury for IDMA and valedictory for Techमंच 2018 - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. Retrieved 20 October 2021.
  27. Bansal, Ritu (8 May 2021). "Sanjiv Mehta Chairman and MD of Hindustan Unilever Limited, Education, Career, Personal Life, Company Profile, Brands, Logo, Net Worth". Deshi Companies. Retrieved 20 October 2021.
  28. "HUL's Sanjiv Mehta named Unilever South Asia president". www.fortuneindia.com. Retrieved 20 October 2021.
  29. "SANJIV MEHTA | A List Campaign India". Retrieved 20 October 2021.
  30. "CEO Awards – Rewarding excellence beyond the boardroom". ceoawards.co.in. Retrieved 22 August 2018.
  31. "38th BMA Awards 2015-16 | Bombay Management Association". Bombay Management Association. 31 January 2017. Retrieved 22 August 2018.
  32. "HUL's Chief wins the 'CA Business Leader' title by ICAI". Hindustan Unilever Limited website. Retrieved 22 August 2018.
  33. "ET Awards 2018 for Corporate Citizen: HUL". The Economic Times. 18 November 2018. Retrieved 24 April 2019.
  34. "Fifth Annual Convocation of Xavier University, Bhubaneswar". prameyanews.com. 28 March 2019. Retrieved 24 April 2019.
  35. "Sanjiv Mehta won Business Leader of the Year Award 2019, New Delhi | AIMA". www.aima.in. Retrieved 3 May 2019.
  36. "lokmat most stylish awards in mumbai honour industry role models - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. Retrieved 14 August 2019.
  37. "XLRI's 64th Annual Convocation on March 21, Hindustan Unilever MD to receive 'Sir Jehangir Ghandy Medal for Peace'". The Avenue Mail. 4 March 2020. Retrieved 15 December 2021.
  38. "You have the power to create a world that's fair and peaceful: HUL's Sanjiv Mehta at XLRI". Edex Live. Retrieved 15 December 2021.
  39. Tandon, Suneera (20 February 2021). "The world should not forget about action on climate and healthcare: Sanjiv Mehta". mint. Retrieved 15 December 2021.
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