Unilever Executive Appointed to Hindustan Unilever Board

Dev Bajpai, who serves as executive director legal & corporate affairs at Hindustan Unilever Limited and vice president legal for South Asia at Unilever, was appointed as executive director on HUL’s board of eight members. Bajpai, 51, previously joined Hindustan Unilever Limited in May 2010 after working at ICICI Venture Funds Management Company Limited. His 2016 compensation was reported at Rs 4.4 crore, with approximately half consisting of stock options.

The appointment places Bajpai among a small group of general counsel in India who also hold board seats. This move reflects a trend toward integrating a company's legal function more tightly into its day-to-day business operations, rather than having it operate semi-independently.