Bengaluru, August 25, 2025: Hindustan Unilever Limited (HUL), India’s largest fast-moving consumer goods (FMCG) company, has announced the appointment of Niranjan Gupta as Chief Financial Officer (CFO) – Designate and Member of the HUL Management Committee, effective September 1, 2025.
Gupta will succeed Ritesh Tiwari, who currently serves as Executive Director, Finance and CFO at HUL. Gupta will officially take over as Executive Director, Finance and CFO of HUL and join the HUL Board starting November 1, 2025, subject to regulatory approvals. In this new role, he will directly report to Priya Nair, CEO and Managing Director, HUL.
Meanwhile, Ritesh Tiwari has been elevated as the Global Head of Mergers & Acquisitions (M&A) and Treasury at Unilever Plc, effective November 1, 2025. He will be based in London and continue to contribute to Unilever at a global scale.
A seasoned business leader, Niranjan Gupta began his career at HUL, spending two decades in various leadership positions spanning finance, M&A, supply chain, and strategic functions. After his initial stint at HUL, he held senior roles at Vedanta and later joined Hero MotoCorp in 2017 as CFO, before being elevated to CEO in 2023. His extensive cross-industry experience positions him strongly to drive HUL’s financial and strategic growth agenda.
Reflecting on Tiwari’s leadership, Priya Nair, CEO and MD of HUL, said:
“I would like to thank Ritesh for his future-focused leadership and invaluable contribution to HUL. He led our portfolio transformation efforts, aligning resources to high-growth areas resulting in strong market share gains. His elevation to the global role is yet another testament to HUL’s strong leadership pipeline. I am pleased to welcome Niranjan back to Hindustan Unilever and I am confident that he will play a pivotal role in steering the company towards its next phase of growth.”
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