Unilever today announced appointment of K S M Minhaj as Managing Director of newly acquired company.
Unilever successfully completed acquiring 81.98 percent shares of GlaxoSmithKline Bangladesh (GSKBD) from Setfirst and renamed the company as Unilever Consumer Care Limited (UCCL) subject to necessary approval, said a press release.Minhaj’s new role as Managing Director will be in effect from July 1, 2020.
Minhaj, who is serving currently as Customer Development Director of Unilever Bangladesh Limited (ULB), brings with him two decades of rich FMCG experience across multiple categories in foods, home and personal care, while leading both marketing and customer development functions as a member of ULB management committee over the last nine years.
KSM Minhaj said, “It will be a huge privilege to lead Unilever’s nutrition business in Bangladesh, and I cannot help but celebrate the moment as two of the most respected global organizations operating in Bangladesh join hands to take the nutrition business to a greater height.”
The Board of GSK Bangladesh was reconstituted post acquisition of 81.98 percent shares of GSKBD by Unilever Overseas Holdings B.V. and Masud Khan is reelected as the Chairman of the Board.
UCCL will continue as a public listed independent entity and all the brands of GSK Bangladesh (Horlicks, Boost, Glaxose-D) will
continue to be a part of company’s portfolio.