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Vivek is an engineering graduate with a Master's in business management from IIM, Ahmedabad. He has spent over two decades in leadership and commercial roles at P&G, working across various categories, from everyday consumption to premium categories. His last position with P&G was as managing director of Australia and New Zealand. He joins UBL from one of India's fastest-growing unicorn, Udaan.com. As chief business officer, he helped build India's most significant and disruptive e-B2B business.
Jacco van der Linden, regional president APAC of HEINEKEN, and Member of the UBL Board, said, “We are thrilled to have Vivek lead UBL at such a critical time. We recognize his resilience in building businesses and brands at a fast pace and in a complex environment. He brings solid global experience deeply rooted in India and has had substantial success in commercial and complex companies in traditional and digital environments.”
Vivek Gupta, incoming managing director and CEO of UBL concludes: “It is an honor to stand on the shoulders of greatness and lead UBL into the future. I feel privileged to be entrusted with one of India's most iconic brands, the Kingfisher beer and the world's most international brand, Heineken®. I look forward to the journey ahead with the UBL leadership and our colleagues as we brew greatness together.”
United Breweries, controlled by Dutch multinational company Heineken NV, is primarily engaged in the manufacture, purchase, and sale of beer and non-alcoholic beverages.
United Breweries reported 16% decline in consolidated net profit to Rs 136.21 crore as compared with Rs 162.09 crore in corresponding quarter last year. Net sales fell 6.7% to Rs 2,274.79 crore during the quarter of FY24 as against Rs 2,438.71 crore in Q1 FY23.
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