India hand in Unilever management restructuring
Mumbai: In a recent management restructuring move that grabbed corporate headlines, several Indian executives have been appointed in key positions at the Unilever group.

The most celebrated among them is Mr. Keki Dadiseth, former chairman of Hindustan Lever Limited, who has now been named head of the newly created home and personal care division. Additionally, Mr. Nitin Paranjpe, earlier head of HLL in Chennai and part of the special team under Mr. Dadiseth, which implemented the "Project Millenium" at the Indian entity, has been appointed special executive advisor to Niall Fitzgerald, chairman of Unilever, in London. Mr. Paranjpe was also part of Mr. Dadiseth’s team in London working on the management restructuring of Unilever plc.

Earlier, Unilever had announced the splitting of the company into two major divisions, one for foods and the other for home and personal care products.

Mr. Patrick Cescau, currently financial director, will become foods director, effective from January 1, 2001. Until that time he will lead the planning of the integration with Bestfoods and take immediate responsibility for Unilever's North American foods operations.

Mr. Keki Dadiseth will become home & personal care director with responsibility for HPC worldwide including DiverseyLever, effective January 1, 2001. Until that time he will focus on preparing plans for the implementation of the new structure.

Mr. Rudy Markham, currently strategy and technology director, has become financial director with immediate effect while retaining responsibility for information technology.
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Salomon Smith Barney names vice chairman
New York: Salomon Smith Barney, the New York-based securities group, announced that Mr. Jay Mandelbaum, who was head of private client sales and marketing, will take over as vice chairman and chief executive of its newly-created global private client group. This new group has been created to give financial advice to affluent investors’ world-wide.

Mr. Mandelbaum is also a member of the Citigroup Global Corporate and investment bank operating committee.

Mr. Mandelbaum joined Primerica in 1992 as vice president of corporate development. Prior to joining the company, he spent six years at McKinsey & Company.
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