10 DEC 2020

10 DEC 2020 Press release

USL Board and Diageo Executive Announcement

 

  • Anand Kripalu, Managing Director and CEO of United Spirits Limited (USL) to step down, effective 30 June 2021
  • Hina Nagarajan, Managing Director Africa Regional Markets at Diageo, to join USL as ‘CEO-Designate’, effective 1 April 2021
  • In accordance with the applicable law and upon receipt of necessary approvals, Hina Nagarajan will take over as Managing Director and CEO of USL and will join the Diageo Executive Committee, effective 1 July 2021

Today, United Spirits Limited (USL) has announced that after nearly eight years at USL and seven years as Managing Director and CEO, Anand Kripalu will step down effective 30 June 2021, to pursue the next phase of his career. Hina Nagarajan, currently Managing Director Africa Regional Markets, will be appointed Anand’s successor and will also join the Diageo Executive Committee on 1 July 2021.

Under Anand’s tenure, USL has made considerable improvement in operating performance – margin growth, working capital and cash generation. Following Diageo’s acquisition of USL, Anand led the full integration of USL and has reignited the market’s portfolio strategy.

A strong advocate for the positive impact of the alcohol industry in India, Anand has formed trusting relationships across the sector, driving local community initiatives and partnerships, and tirelessly promoting responsible drinking. Known for his restlessness and entrepreneurial spirit, as well as his commitment to coaching and growing talent, Anand has championed inclusion and diversity across the business. The USL executive team is now 40% female and Anand leaves both the USL leadership team and broader workplace set up for future success.

With Anand’s departure, Hina Nagarajan, currently Managing Director Africa Regional Markets, will join USL on 1 April 2021 as CEO-Designate. From 1 July 2021, in accordance with the applicable law and upon receipt of necessary approvals, Hina will take over as Managing Director and CEO of USL and will also join the Diageo Executive Committee, reporting to John Kennedy, President Diageo Europe & India.

Since joining Diageo in the summer of 2018, Hina has led Diageo’s Africa Regional Markets (ARM) comprising operations in Ghana, Cameroon, Ethiopia, the Indian Ocean, Angola and several other countries. Under Hina’s leadership, ARM has become a significant growth driver for Diageo Africa.  She is known for her passion and drive to deliver results and her ability to build strong teams that deliver outstanding outcomes, with a strong commitment to Diageo standards and compliance. She has leveraged capabilities and synergies across the market to drive regional growth, delivering a significant step change in supply chain performance across ARM.  She has also been an active and passionate advocate for inclusion and diversity in Africa and Diageo more broadly. 

Prior to joining Diageo, Hina spent over 30 years in CPG businesses and held several senior marketing and general management positions at Reckitt Benckiser (RB), Nestlé India and Mary Kay India. In her most recent position before joining Diageo, Hina was MD China & SVP North Asia with RB. Hina will move to Bangalore in April 2021 and will work closely with Anand to ensure a smooth transition.

 

ENDS

Investor enquiries to:
Richa Periwal
+91 983695 5288
richa.periwal@diageo.com 

 

Media enquiries to:
Charlotte Rodrigues
+91 99 8726 5110
Charlotte.rodrigues@diageo.com

About Diageo India

Diageo India is the country’s leading beverage alcohol company and a subsidiary of global leader Diageo plc. The company manufactures, sells and distributes an outstanding portfolio of premium brands such as Johnnie Walker, Black Dog, Black & White, VAT 69, Antiquity, Signature, Royal Challenge, McDowell’s No.1, Smirnoff and Captain Morgan.

Headquartered in Bengaluru, our wide footprint is supported by a committed team of over 3300 employees, 49 manufacturing facilities across states and union territories in India, a strong distribution network and a state-of-the-art Technical Centre.

Incorporated in India as United Spirits Limited (USL), the company is listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India. For more information about Diageo India, our people, our brands, and performance, visit us at www.diageoindia.com. Visit Diageo’s global responsible drinking resource, http://www.DRINKiQ.com, for information, initiatives, and ways to share best practices.

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