New Delhi: Colgate-Palmolive India Tuesday announced the appointment of Prabha Parameswaran as Managing Director of the company for a period of five years with effect from February 1, 2012.
In a filing to the BSE, Colgate-Palmolive India (CPIL) said Parameswaran's appointment is subject to the approvals of the Central Government and shareholders of the company.
The announcement came after the promotion of Mukul Deoras as President, Asia Division of Colgate-Palmolive Company (CP) and as Chairman of the Board of Directors of CPIL effective February 1, 2012.
"As Managing Director, Prabha will have all the requisite powers and authorities to enable her to manage the company's affairs on a day-to-day basis," CPIL said.
Most recently, Prabha led the marketing organisation of CP Mexico, Colgate's largest overseas subsidiary. Prior to Mexico, she was Vice President (Marketing) for CPIL.
She joined CPIL in 1995 as Senior Marketing Manager and was responsible for hair care business. In 1997, she was promoted to Associate Director (Global Business Development-Oral Care) in New York.