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HUL appointed Tarun Bajaj as Independent Director

Bajaj is a former Revenue Secretary of the Government of India, economic decisions are big tasks during the time of GST and Corona.

Hindustan Unilever Limited (HUL) has appointed Tarun Bajaj as the independent director of the company. He will hold this post for the next 5 years from December 1, 2023. Bajaj is 61 years old and is a 1988 batch IAS officer of Haryana cadre. He was the Revenue Secretary in the Government of India when he retired in November 2022.

Tarun Bajaj has made a major contribution in implementing GST in India and increasing tax collection under it, upgrading technology for direct and indirect taxes collection and increasing transparency and efficiency in tax collection.

Tarun Bajaj said- HAL has reinvented itself.
On being appointed as the Independent Director of HAL, Tarun Bajaj said, ‘The success of the company with the changing India shows that it has continuously reinvented itself. I am honored to join the HUL Board and am very much looking forward to my responsibilities as an Independent Director.

Bajaj’s experience is going to be of great use to HAL.
HUL’s non-executive chairman Nitin Paranjape said, ‘Tarun has a better understanding of the country’s economic policy. He has contributed in formulating and implementing major fiscal initiatives of India. His experience in administration, management and public policy will definitely be of great use to HAL.

Bajaj’s big works

Contribution in preparing economic package during Covid: While being the Secretary of Economic Affairs, he played an important role in preparing the economic response of the government during Covid-19. This includes financial assistance and other relief measures given by the government.

Bajaj has held senior positions in RBI and SEBI: Apart from working in economic governance, Bajaj has also served as Chairman of the National Investment and Infrastructure Fund and Director of the Central Board of the Reserve Bank of India, besides being a Board Member of the Security and Exchange Board of India. Has worked as per.

Has also represented India abroad: Tarun Bajaj has represented India as a Governor in the International Fund for Agricultural Development. Apart from this, he has worked as Alternate Governor for India in World Bank, Asian Development Bank, Asian Infrastructure Investment Bank and New Development Bank.

On the last trading day of the week i.e. Friday, December 1, the shares of Hindustan Unilever Limited closed at Rs 2559 with an increase of 0.53%.

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