Leo Puri Resigns as Independent Director of Hindustan Unilever Ltd

Leo Puri has announced his resignation as an Independent Director of Hindustan Unilever Ltd, citing increased commitments to global boards. This decision comes after his recent reappointment for a five-year term, effective October 2023. Puri, known for his extensive experience in financial services and governance, has been a key member of HUL's board, contributing to its strategic direction and risk management. His resignation reflects the challenges of balancing multiple high-profile roles across different regions. Puri's departure will necessitate adjustments within HUL's board composition, ensuring continuity in leadership and governance.

 

Source: Financial News Network