HUL gets a new independent director in Kalpana Morparia

HUL gets a new independent director in Kalpana Morparia

MUMBAI: Hindustan Unilever Limited (HUL) has got a new independent director. JP Morgan India CEO Kalpana Morparia has been brought on its board effective 9 October 2014. She is also a member of the JP Morgan Asia Pacific Management Committee.

 

Morparia is an Independent director on the boards of several companies including Dr. Reddy’s Laboratories Limited, Bennett Coleman & Company Limited, Phillip Morris International and CMC.  

 
Prior to joining JP Morgan India, Morparia served as vice chairman on the boards of ICICI Group companies.  She was the joint managing director of the ICICI Group from 2001 to 2007.

 
Morparia will be a member of the Audit and Corporate Social Responsibility Committees of the HUL Board.

 
HUL chairman Harish Manwani said: “Kalpana’s vast experience and proven track record of leadership will add tremendous value to our Board.”

     
Morparia stated: “I am delighted to join the Board of this iconic Company. I look forward to my role as an Independent Director of one of the most respected consumer companies.”