Hindustan Unilever CFO resigns ‘to explore an opportunity outside the company’

Hindustan Unilever CFO resigns ‘to explore an opportunity outside the company’

The Executive Director, Finance and IT and CFO of Hindustan Unilever, P B Balaji has tendered his resignation from his role and the board, according to a report published by The Economic Times.

A statement released by the Anglo-Dutch FMCG major’s Indian arm revealed that Balaji’s reason for leaving the company he has worked for for the past 24 years is ‘to explore an opportunity outside the company’. A further report from The Economic Times reveals Balaji has joined Tata Motors as CFO.

Hindustan Unilever is yet to appoint a successor, explaining that the announcement would be made ‘in due course’.

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