
Srinivas Phatak Appointed As CFO Of Unilever Plc
British FMCG major Unilever Plc has appointed Srinivas Phatak as its Chief Financial Officer (CFO).
Phatak had been serving as acting CFO since February, following Fernando Fernandez’s elevation to CEO. With this appointment, he becomes the second Indian on Unilever’s Board, alongside Priya Nair, CEO and MD of Hindustan Unilever Ltd.
Phatak has been associated with Unilever for 26 years, holding roles across finance, treasury, supply chain, and M&A. Prior to this, he was Deputy CFO and Controller for the Group. Between 2017 and 2021, he served as CFO of Hindustan Unilever Ltd. and VP of Finance (South Asia), where he played a key role in driving growth, margin expansion, and doubling HUL’s market capitalisation. He has led major transformation projects, including Unilever’s productivity programme, integrated operations, and technology transformation. Phatak also serves as a Non-Executive Director on the Board of Coats Plc.