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Hindustan Unilever names new CFO

Hindustan Unilever Ltd, a subsidiary of consumer goods giant Unilever Plc, said Oct. 13 that Srinivas Phatak has been appointed CFO and executive director of finance and IT, effective Dec. 1.

Phatak will succeed P.B. Balaji, who resigned Aug. 14.

Phatak, who is currently vice president of finance services at Unilever, will join the board of directors of the company and be part of its management committee.