Sanjiv Mehta (Indian businessman)

{{short description|Indian business executive}}

{{Distinguish|Sanjiv Mehta (British businessman)}}

{{Use dmy dates|date=January 2019}}

{{Use Indian English|date=January 2019}}

{{Infobox person

| name = Sanjiv Mehta

| image = Sanjiv Mehta Unilever.jpg

| birth_date = {{birth based on age as of date |53|2013|07|27}}{{cite news |last1=Vijayraghavan |first1=Kala |title=Naming of Sanjiv Mehta as HUL CEO comes as a surprise |url=https://economictimes.indiatimes.com/news/company/corporate-trends/naming-of-sanjiv-mehta-as-hul-ceo-comes-as-a-surprise/articleshow/21384944.cms |accessdate=6 May 2019 |work=Economic Times |date=27 July 2013}}

| nationality = Indian

| occupation = President, Unilever South Asia

| alma mater = Institute of Chartered Accountants of India{{cite news |url=http://indiaconference.com/2019/speakers/sanjiv-mehta/|title=Alma mater |accessdate=May 3, 2019}}

| spouse = Mona Mehta (m.1993)

| children = 2{{Cite news|url=https://economictimes.indiatimes.com/magazines/panache/top-boss-sanjiv-mehta-ensures-gender-parity-at-hul-credits-the-women-in-his-life-for-it/articleshow/66142758.cms|title=Top boss Sanjiv Mehta ensures gender parity at HUL, credits the women in his life for it|first=Masoom|last=Gupte|newspaper=The Economic Times}}

}}

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.{{Cite news|last=Banerjee|first=Rajiv|title=How India's largest FMCG company HUL is innovating|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/cons-products/fmcg/how-indias-largest-fmcg-company-hul-is-innovating/articleshow/7769977.cms?from=mdr|access-date=2021-08-24}} 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.{{Cite news|url=https://www.business-standard.com/article/pti-stories/sanjiv-mehta-elevated-as-president-of-unilever-south-asia-119031400784_1.html|title=HUL MD Sanjiv Mehta elevated as President of Unilever South Asia|agency=Press Trust of India|date=2019-03-14|work=Business Standard India|access-date=2019-04-09}} Mehta is a member of the Unilever leadership executive, its global executive board.{{Cite news|agency=Press Trust of India|date=2019-03-14|title=HUL MD Sanjiv Mehta elevated as President of Unilever South Asia|work=Business Standard India|url=https://www.business-standard.com/article/pti-stories/sanjiv-mehta-elevated-as-president-of-unilever-south-asia-119031400784_1.html|access-date=2021-08-11}}

Education

Born in Kanpur, Mehta studied in Mumbai and Nagpur. He is a chartered accountant from the Institute of Chartered Accountants of India{{Cite web|url=http://indiaconference.com/2019/speakers/sanjiv-mehta/|title=Sanjiv Mehta I India Conference}} and later completed the Advanced Management Programme from the Harvard Business School.{{Cite web|date=2020-11-06|title=Sanjiv Mehta Education {{!}} Salary|url=https://indiancompanies.in/sanjiv-mehta-education-salary/|access-date=2021-08-31|website=IndianCompanies.in|language=en-US}}

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.{{Cite web|title=Leader in Spotlight|url=https://www.livemint.com/Companies/bluQyHVu4STYfTdCw18GHO/Leader-in-the-spotlight-Sanjiv-Mehta.html}}{{Cite web|title=Home coming for Sanjiv Mehta|url=https://www.thehindubusinessline.com/companies/home-coming-for-sanjiv-mehta/article23112266.ece}} 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.{{Cite web|url=https://www.moneycontrol.com/news/business/all-you-need-to-know-about-sanjiv-mehta-the-new-hul-chairman-2548381.html|title=All you need to know about Sanjiv Mehta, the new HUL Chairman|website=Moneycontrol|access-date=2019-04-09}} Under his leadership, Unilever Bangladesh went on to become the crown jewel of Unilever's parent company given its competitive growth and stellar performance.{{Cite web|date=2021-02-27|title=Unilever launches book 'Jatra' telling its story|url=https://www.tbsnews.net/companies/unilever-launches-book-jatra-telling-its-story-208462|access-date=2022-02-22|website=The Business Standard|language=en}} 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). 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.{{Cite web|title=Sanjiv Mehta|url=https://www.hul.co.in/our-company/our-leadership/mr-sanjiv-mehta/|access-date=2022-02-22|website=Unilever|language=en-IN}} HUL is now the second-largest Unilever business in the world.{{Cite web|title=Winning in many Indias: Lessons in growth from Hindustan Unilever|url=https://www.unilever.com/news/news-search/2021/winning-in-many-indias-lessons-in-growth-from-hindustan-unilever/|access-date=2022-02-23|website=Unilever|language=en-GB}}

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 {{Cite web|title=Hindustan Unilever|url=https://www.forbes.com/companies/hindustan-unilever/|access-date=2022-02-23|website=Forbes|language=en}}{{Cite web|title=The World's Most Innovative Companies|url=https://www.forbes.com/innovative-companies/list/|access-date=2022-02-23|website=Forbes|language=en}} 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.{{Cite web|title=Aon Hewitt Announces the 2014 Global Aon Hewitt Top Companies for Leaders|url=https://aon.mediaroom.com/2014-11-12-Aon-Hewitt-Announces-the-2014-Global-Aon-Hewitt-Top-Companies-for-Leaders|access-date=2022-02-23|website=Aon plc Global Media Relations}}

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.{{Cite web|title=Sanjiv Mehta|url=https://www.hul.co.in/our-company/our-leadership/mr-sanjiv-mehta/|access-date=2022-02-23|website=Unilever|language=en-IN}} Further, under the Shakti program, over 136 thousand Shakti women entrepreneurs have been empowered in rural India. 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,{{Cite news|last=Team|first=BS Web|date=2021-12-06|title=HUL chairman Sanjiv Mehta to take over as FICCI president|work=Business Standard India|url=https://www.business-standard.com/article/companies/hul-chairman-sanjiv-mehta-to-take-over-as-ficci-president-121120600621_1.html|access-date=2022-02-22}} India's largest and oldest apex business organizations.

Personal life

Mehta grew up in Mumbai{{Cite web|last=Ghaswalla|first=Amrita Nair|title=Home coming for Sanjiv Mehta|url=https://www.thehindubusinessline.com/companies/home-coming-for-sanjiv-mehta/article23112266.ece|access-date=2021-08-23|website=@businessline|language=en}} and is the son of SP Mehta and Anita Mehta. His parents were uprooted during the partition of India.{{Cite news|url=https://economictimes.indiatimes.com/news/company/corporate-trends/naming-of-sanjiv-mehta-as-hul-ceo-comes-as-a-surprise/articleshow/21384944.cms?from=mdr|title=Naming of Sanjiv Mehta as HUL CEO comes as a surprise|first1=Kala|last1=Vijayraghavan|first2=Sagar|last2=Malviya|newspaper=The Economic Times}} His father was a retired senior executive with Reserve Bank of India. He is married to Mona Mehta, who too is a chartered accountant and they have twin daughters Naina and Roshni who have studied at Cornell, MIT and Harvard University respectively.

Boards

Ex-President of FICCI{{Cite web|title=Growth of e-commerce in grocery sector 'irreversible': HUL CMD Sanjiv Mehta|url=https://www.businesstoday.in/latest/corporate/story/growth-of-e-commerce-in-grocery-sector-irreversible-hul-cmd-sanjiv-mehta-277116-2020-10-29|access-date=2021-10-06|website=Business Today|language=en}}

Non-Executive Independent Board member of Air India Limited, TATA Group since 2022{{Cite news |last1=Vijayraghavan |first1=Kala |last2=Mishra |first2=Mihir |title=HUL CEO Sanjiv Mehta likely to be appointed on board of Air India |work=The Economic Times |url=https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/hul-ceo-sanjiv-mehta-likely-to-be-appointed-on-board-of-air-india/articleshow/89158819.cms?from=mdr |access-date=2022-03-31}}

Member of South Asia Advisory Board of Harvard Business School{{Cite web|title=HUL's Sanjiv Mehta named Unilever South Asia president|url=https://www.fortuneindia.com/enterprise/huls-sanjiv-mehta-promoted-to-unilever-south-asia-president/103044|access-date=2021-10-06|website=www.fortuneindia.com|language=en}}

Co-chairs the Advisory Network to the High-Level Panel for a ‘Sustainable Ocean Economy’ {{Cite web|title=Sanjiv Mehta|url=https://www.oceanpanel.org/advisory-expert-co-chairs/sanjiv-mehta|access-date=2021-10-06|website=High Level Panel for a Sustainable Ocean Economy|language=en}}

Chairs ‘Vikaasa’, a coalition of top Indian and MNC companies {{Cite web|title=Sanjiv Mehta of HUL to chair the jury for IDMA and valedictory for Techमंच 2018 - Exchange4media|url=https://www.exchange4media.com/idma-news/sanjiv-mehta-of-hul-to-chair-the-jury-for-idma-and-valedictory-for-tech-2018-90471.html|access-date=2021-10-20|website=Indian Advertising Media & Marketing News – exchange4media|language=en}}{{Cite web|last=Bansal|first=Ritu|date=2021-05-08|title=Sanjiv Mehta Chairman and MD of Hindustan Unilever Limited, Education, Career, Personal Life, Company Profile, Brands, Logo, Net Worth|url=https://deshicompanies.com/market-leader/sanjiv-mehta-chairman-and-md-of-hindustan-unilever-limited-education-career-personal-life-company-profile-brands-logo-net-worth/|access-date=2021-10-20|website=Deshi Companies|language=en-US}}

Director of Board of Indian School of Business {{Cite web|title=HUL's Sanjiv Mehta named Unilever South Asia president|url=https://www.fortuneindia.com/enterprise/huls-sanjiv-mehta-promoted-to-unilever-south-asia-president/103044|access-date=2021-10-20|website=www.fortuneindia.com|language=en}}

Member of the Breach Candy Hospital Trust {{Cite web|title=SANJIV MEHTA {{!}} A List Campaign India|url=https://alist.campaignindia.co.in/list-2018/sanjiv-mehta/|access-date=2021-10-20|language=en-US}}

Awards and recognition

  • 2004, Business Executive of the Year - American Chamber of Commerce Dhaka [https://www.hindustantimes.com/india/us-chamber-awards-indian-business-head/story-eWlgwYWZYEBXyaXigD0fGL.html]
  • May 2016, 'The Outstanding CEO of the Year' at the 3rd edition of the CEO AWARDS 2016 organised by CEO INDIA magazine{{Cite web|url=http://ceoawards.co.in/|title=CEO Awards – Rewarding excellence beyond the boardroom.|website=ceoawards.co.in|language=en-US|access-date=2018-08-22}}
  • January 2017, 'Management Man of the Year' award from Bombay Management Association{{Cite news|url=https://bma-india.com/38th-bma-awards-2015-16/|title=38th BMA Awards 2015-16 {{!}} Bombay Management Association|date=2017-01-31|work=Bombay Management Association|access-date=2018-08-22|language=en-US}}
  • January 2018, Business Leader award from the Institute of Chartered Accountants of India{{Cite news|url=https://www.hul.co.in/news/news-and-features/2018/huls-chief-wins-the-ca-business-leader-title-by-icai.html|title=HUL's Chief wins the 'CA Business Leader' title by ICAI|work=Hindustan Unilever Limited website|access-date=2018-08-22|language=en}}
  • November 2018, Economic Times Award 2018 for Corporate Citizen{{Cite news|url=https://economictimes.indiatimes.com/news/company/corporate-trends/et-awards-2018-for-corporate-citizen-hul/articleshow/65714741.cms|title=ET Awards 2018 for Corporate Citizen: HUL|date=2018-11-18|work=The Economic Times|access-date=2019-04-24}}
  • November 2018, Best CEO Multinational - Forbes India [https://www.forbesindia.com/article/leadership-awards-2018/sanjiv-mehta-creating-a-faster-nimbler-hul/51839/1]
  • March 2019, Honorary Degree - Doctor of Philosophy in Business Management from Xavier Institute of Management, Bhubaneswar{{Cite web|url=http://www.prameyanews.com/fifth-annual-convocation-of-xavier-university-bhubaneswar/|title=Fifth Annual Convocation of Xavier University, Bhubaneswar|date=2019-03-28|website=prameyanews.com|language=en-US|access-date=2019-04-24}}
  • 2019, “Business Leader” of the year award by All India Management Association{{Cite web|url=https://www.aima.in/media-centre/events/managing-india-awards-2019-new-delhi.html|title=Sanjiv Mehta won Business Leader of the Year Award 2019, New Delhi {{!}} AIMA|website=www.aima.in|access-date=2019-05-03}}
  • January 2019, Industry Role Model - Lokmat's Most Stylish Awards{{Cite web|url=https://www.exchange4media.com/photo/lokmat-most-stylish-awards-in-mumbai-honour-industry-role-models-243.html|title=lokmat most stylish awards in mumbai honour industry role models - Exchange4media|website=Indian Advertising Media & Marketing News – exchange4media|language=en|access-date=2019-08-14}}
  • 2019, Best Transformational Leader - Asian Centre for Corporate Governance and Sustainability [https://www.asiancentre.org/6th-asiasummit-2019/]
  • 2019, Business Leader of the Year - The Economic Times [https://economictimes.indiatimes.com/news/company/corporate-trends/et-awards-2019-india-incs-best-and-brightest/business-leader-of-the-year/slideshow/72313658.cms]
  • 2020, Pralhad P. Chhabria Memorial Global Award - Priyadarshni Academy [https://www.businesswireindia.com/priyadarshni-academy-36th-anniversary-global-awards-2020-honoured-stalwarts-including-mr-borge-brende-president-world-economic-forum-bollywood-actor-ms-taapsee-pannu-69591.html]
  • 2021, Sir Jehangir Ghandy Medal for Industrial and Social Peace - Xavier Institute of Management (XLRI){{Cite web|date=2020-03-04|title=XLRI's 64th Annual Convocation on March 21, Hindustan Unilever MD to receive 'Sir Jehangir Ghandy Medal for Peace'|url=https://avenuemail.in/xlris-64th-annual-convocation-on-march-21-hindustan-unilever-md-to-receive-sir-jehangir-ghandy-medal-for-peace/|access-date=2021-12-15|website=The Avenue Mail|language=en-US}}{{Cite web|title=You have the power to create a world that's fair and peaceful: HUL's Sanjiv Mehta at XLRI|url=https://www.edexlive.com/news/2021/feb/22/you-have-the-power-to-create-a-world-thats-fair-and-peaceful-huls-sanjiv-mehta-at-xlri-18414.html|access-date=2021-12-15|website=Edex Live|language=en}}
  • 2021, JRD Tata Corporate Leadership Award - All India Management Association (AIMA){{Cite web|last=Tandon|first=Suneera|date=2021-02-20|title=The world should not forget about action on climate and healthcare: Sanjiv Mehta|url=https://www.livemint.com/companies/people/the-world-should-not-forget-about-action-on-climate-and-healthcare-sanjiv-mehta-11613809325245.html|access-date=2021-12-15|website=mint|language=en}}
  • 2021, Best CEO Medium Company Category - Business Today [https://www.businesstoday.in/mindrush/mindrush-2021/story/bt-mindrush-2021-here-are-the-winners-of-indias-best-ceos-285281-2021-01-23]

References