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Yogesh Mulgaonkar Takes HUL’s Beauty And Wellbeing Finance

Ad Tribe! Bureau2 min read
Yogesh Mulgaonkar, appointed CFO of beauty and wellbeing at Hindustan Unilever while continuing to head investor relations

Yogesh Mulgaonkar has taken on the role of CFO beauty and wellbeing and head of investor relations at Hindustan Unilever. The appointment is listed as beginning in October 2026 on the LinkedIn profile, where the move was announced.

  • Role: CFO of HUL's beauty and wellbeing business, while continuing to lead investor relations
  • Previously: VP finance and CFO for personal care and supply chain at HUL, and head of investor relations, from April 2025
  • Before that: VP finance, personal care and supply chain finance CFO at Unilever in Mumbai, October 2024 to June 2025
  • In Dubai: chief financial officer for Arabia and personal care Middle East and Turkey, November 2023 to December 2024
  • In London: global strategy finance director and chief of staff to the Unilever CFO, October 2020 to November 2023
  • Earlier at HUL: director of mergers integration and change management, May 2019 to September 2020, leading the end-to-end corporate and finance integration of GSK with HUL
  • That integration covered: commercial operations, treasury, reporting, financial shared services and trust-fund cutover
  • Also: served on the Institute of Chartered Accountants of India committee for chartered accountants in industry, entrepreneurship and public service, 2021 to 2022, and completed a sustainability finance programme at A4S Academy in 2023

Why Yogesh Mulgaonkar Holds Both Jobs At Once

Because beauty and wellbeing is the division the market is currently reading HUL by. It is where premiumisation, the digital-first brand acquisitions and the margin argument all sit, and it is the part of the portfolio analysts ask about first.

Putting the divisional CFO and the investor relations lead in the same person removes a translation step. Whoever answers for the numbers on a call now also owns the decisions that produced them, which is efficient and also unforgiving.

What The GSK Integration Experience Adds

Transaction fluency. Leading the corporate and finance integration of GSK Consumer Healthcare into HUL meant handling commercial operations, treasury, reporting and shared services at once, which is the skill set a business built partly through acquisition keeps needing.

What It Says About HUL's Finance Bench

That the route up runs through overseas posts. An India-Dubai-London-India sequence inside Unilever is now close to the standard path for senior HUL finance roles, and it is worth noting for anyone reading the company's succession signals.

More on the company at hul.co.in. More people.

#appointments#FMCG Leadership India#Investor Relations
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