Prabha Narasimhan Appointed as Colgate-Palmolive CEO

On Thursday, one of the most popular F.M.C.G. firms, Colgate Palmolive (India) has appointed Prabha Narasimhan as its new Chief Executive Officer (CEO) and Managing Director (MD). Earlier, She has worked with Hindustan Unilever Limited (HUL) as an executive. She was appointed as the CEO because the Current CEO of the firm, Ram Raghavan has been promoted to the post of the President of enterprise oral care of the parent company Colgate Palmolive which is based out in New York, USA. In a statement, Colgate Palmolive said: "This is to inform that nomination and remuneration Committee ("NRC") of the board of directors of the company, at its meeting held today, noted that effective April 16, 2022, Ram Raghavan, managing director and CEO of the company has been promoted to president, enterprise oral care, for Colgate Palmolive Company, the parent company of Colgate-Palmolive (India) Limited and will be based out of its headquarter at New York. The NRC has further identified Prabha Narasimhan as managing director and chief executive Officer of Colgate-Palmolive (India) Limited and recommended her name to the Board of Directors for her appointment as such effective from September 1, 2022."