Kedar Lele, CEO and Managing Director of Unilever Bangladesh Ltd (UBL) one of the largest ‘fast moving consumer goods’ (FMCG) Company in the country, has been appointed as the new Chairman of the company.
Lele succeeds Kamran Bakar, who served as Chairman of Unilever Bangladesh Ltd since 2012.
Lele has been unanimously elected as the Chairman of the Board of Directors of Unilever Bangladesh Limited.
The decision came at the 180th meeting of the Board of Directors held on August 25, said a media release on Wednesday.
Lele joined Unilever Bangladesh Limited (UBL) as its Chief Operating Officer (COO) on 1st June 2017 and subsequently was appointed as its Managing Director (MD) on 1st January 2018. He will continue to be both the Chairman and Managing Director of the company.
He brings with him, about 20 years of professional experience spanning Advertising, Internet Business and FMCG Sales & Marketing, over 15 of which he spent at Unilever.
Lele is also the Vice President of the Foreign Investors' Chamber of Commerce & Industry (FICCI).
His career at Unilever began in 2004 with Hindustan Unilever Limited (HUL) with Ice-Creams, followed by a stint as the Head of Sales & Marketing for Kimberly Clark Lever Limited (JV).
He then led the Eastern Region and Modern trade business creating high growth momentum; and was instrumental in leading HUL’s foray into e-commerce (2014-17) before arriving in Bangladesh as COO.
He was part of the Economic Times “40 under 40” list of hottest business leaders in 2015. He has been an active sponsor of developing young managers at HUL.
His vision for Unilever Bangladesh is to build one of the most inspiring Unilever Businesses while making a difference to the country and communities.
This visionary is passionate about people, purpose and growth.
UBL has one of the most enviable records in the industry and the Unilever world.
During Lele’s period in Bangladesh not only has the business grown in size and competitiveness, but it has also achieved world class standards in various facets of the business including safety, environment, productivity and quality.
UBL has developed distinctive capabilities in various functional areas which are being emulated by various companies across the country and in the Unilever world.
Lele is also serving as the Vice President at the Foreign Investors’ Chamber of Commerce & Industry (FICCI), the apex chamber of multinational companies doing business in Bangladesh.
Under his leadership Unilever in Bangladesh has recently acquired GSK Bangladesh 82% ownership and successfully changes its name to ‘Unilever Consumer Care Limited’.
Bangladeshi electronics brand Walton has started exporting televisions to the European country Poland.
The first consignment of Walton televisions with ‘Made in Bangladesh’ tags have already been sent to Poland, said a press release on Wednesday.
Recently an agreement was signed between Walton and Opticum in a video conference in this regard, said Walton’s EU business unit head Tauseef Al Mahmud.
“Poland is an important and dynamic market in central Europe. Walton televisions will be available in the Poland market by the end of September.”, he said.
Walton television Division CEO Mostafa Nahid Hossain said Walton plans to export 1 lakh units of televisions to European market by next year.
Walton’s International Business Unit (IBU) President Edward Kim said “Currently we are building up our presence and acceptability in the EU market and going to use Poland as a bridge to enter into all of the markets there. Other Walton products will be available in the European market soon.”
Earlier, Walton signed business agreement with Google to produce smart TVs for western countries. Walton received license from Dolby, a US company, as the only manufacturer in Bangladesh.
Also read: Walton shares Tk 77cr profits with employees
The Barishal zone of Islami Bank Bangladesh Limited (IBBL) held a business development conference virtually on Tuesday.
Md Omar Faruk Khan, Additional Managing Director of the Bank addressed the conference as the chief guest.
Md Saleh Iqbal and Md Mosharraf Hossain, Deputy Managing Directors were special guests at the programme chaired by Md Aminur Rahman, Head of Barishal Zone.
Mohammad Jamal Uddin Mazumder and Md Mahboob Alam, Senoir Executive Vice Presidents and Md Rafiqul Islam, Executive Vice President were also present there among others.
Also read: IBBL Dhaka zone holds online conference
Bangladesh Small and Cottage Industries (BSCIC) said Tk 131.14 crore has been distributed under the government stimulus package announced during the coronavirus pandemic.
According to the loan administrative division of BSCIC, under the supervision of SME loan disbursement monitoring committee in different districts in Dhaka, Rajshahi, Khulna and Chattogram regional offices of BSCIC, the money was distributed among 602 cottage, micro, small and medium enterprises, said a press release issued on Tuesday.
The recipients include 48 women and 654 male entrepreneurs.
Loan disbursement monitoring committee has been formed for ensuring smooth implementation of loan disbursement activities as per the directives of the Prime Minister to recoup losses in the industries sector caused by the covid-19 outbreak.
The committee has been asked to take necessary steps so that entrepreneurs can collect their loan without any hassle under the stimulus package.
Mithai, a popular retail chain shop of PRAN Group, has opened its new outlet at the city’s Uttara area.
The new outlet has been inaugurated at Sonargoan Janapath area in Uttara-11 recently, said a press release.
Customers will enjoy 15 percent discounts on all products until August 31 on the occasion of the journey of the new outlet.
Different kinds of sweets, shon-papri, burgur, fried chicken, chicken nugget, chicken shawarma, fried rice, lacchi, coffee and beverage are available at the outlet.
Animesh Saha, Chief Operating officer of Banga Bakers Limited, said ‘Mithai is committed to ensure healthy and hygienic foods at affordable price to the consumers.”
Mithai has 42 outlets across the country.