Dabur India Ltd board names Mohit Malhotra as Chief Executive Officer
Malhotra will take over from CEO Sunil Duggal from April 1
Published - 31-January-2019
Mohit Malhotra has been appointed by Dabur India Ltd board as its new Chief Executive Officer with effect from April 1, as per media reports.
Malhotra, the current CEO of the company’s India business, will take over from CEO Sunil Duggal.
Dabur India Ltd Chairman Dr. Anand C Burman was reported as saying, “During the last few years, the Board of Directors of the Company had undertaken a Succession Planning exercise to identify the successor to take over the responsibility from Sunil Duggal, who has been the Dabur India Ltd CEO since 2002. Mr Duggal was entrusted with the responsibility of ensuring a smooth transition. As a result of this process, Mohit Malhotra was found to be suitable as a successor to Mr Duggal. Therefore, on the recommendation of the Nomination and Remuneration Committee, the Board has approved the appointment of Mr. Malhotra as the new Chief Executive Officer of Dabur India Ltd.”
Malhotra is a Management Graduate from Pune University and holds Executive Masters in International Business from Indian Institute of Foreign Trade, New Delhi.