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Economy

Three Unilever Indonesia Directors Resign Amid Strategic Shifts

09 Dec, 2024
Three Unilever Indonesia Directors Resign Amid Strategic Shifts

Unilever Indonesia Tbk (UNVR) recently announced the resignation of three key directors—Viviek Agarwal, Ainul Yaqin, and Hernie Raharja—as part of strategic leadership changes. This development signals a shift as the company moves forward with proposals to bring new leadership on board.

According to Padwestiana Kristanti, the company’s Corporate Secretary, the resignations will take effect after approval by the upcoming General Meeting of Shareholders (GMS). “Viviek Agarwal and Ainul Yaqin will take on new roles as part of Unilever's global management team,” she stated in a recent disclosure to the Indonesia Stock Exchange.

Viviek Agarwal will now focus on portfolio development across Southeast Asia, while Ainul Yaqin will lead personal care’s digital marketing transformation, with a specific emphasis on the Asian market. Meanwhile, Hernie Raharja will conclude 27 years of dedicated service as she steps away from her role at the company.

Padwestiana further noted that these transitions are part of a broader plan to maintain strategic focus. Despite the shifts, the company has reassured stakeholders that operational, financial, and legal stability will remain unaffected by these leadership changes.

Moreover, Unilever Indonesia is putting forward a proposal to appoint Neeraj Lal, Vandana Suri, and Alejandro Meinardo Santos Concha as the company’s new directors. This will be discussed and decided at the Extraordinary General Meeting of Shareholders scheduled for January 14, 2025.

The changes reflect Unilever’s ongoing commitment to business transformation and performance recovery, with leadership shifts aimed at driving strategic growth and innovation.



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