AT THE HELM
Leena Nair, CEO, Chanel
- IBJ Bureau
- Jan 03, 2022
The long
list of Indian origin executives heading global operations of multinational
companies is getting longer. Leena Nair, who has adorned this list in top
positions in the past, is now set to move to the topmost position of a global
fashion house soon. She is the second woman of Indian origin after Pepsico’s
former chief Indra Nooyi to take over as global CEO of a company.
Ms Nair,
the chief human resources officer (CHRO) of Unilever since 2016, has been named
the CEO of French luxury fashion house Chanel. The 52-year-old, who will be taking
over her new responsibility later in January and based out of London, is
expected to make Chanel a more inclusive and diversified company.
The
consumer goods veteran spent over 30 years at Unilever. She steadily rose
through the ranks to become the first woman, first Asian and youngest-ever top
executive of the Anglo-Dutch consumer goods company, becoming a member of the
Unilever Leadership Executive (ULE).
Born in
Kolhapur, Maharashtra, Ms Nair studied electronics and telecommunication
engineering at Walchand College in Sangli. She also graduated with a gold medal
in MBA in human resources from XLRI, Jamshedpur, in 1992.
Soon
after her education, Ms Nair started her career as a management trainee at
Unilever in 1992. She gradually moved up the corporate ladder from factory personnel
manager of Lipton India and occupied many significant positions across various divisions,
such as employee relations manager at Hindustan Unilever (HUL); management development
planning manager of HUL; human resources (HR) manager of HUL’s home and personal
care (HPC) and general manager of HUL.
She was also
appointed as general manager of HPC and foods and was elevated as executive director
of HUL and as HR vice-president of HUL for South Asia. Finally, she moved
further higher on the global front as the CHRO of Unilever.
She has
been widely praised for her people-focused approach to business. And she has
played a vital role in developing the human capital of Unilever. “When you look
after your people, they will look after the business,” she has often said,
stressing on the importance of the well-being of employees.
During
her stint as Unilever’s CHRO, she has undertaken many initiatives, like
formulating a four-pillar Wellbeing Framework to address the physical, mental,
emotional and purposeful well-being of the business conglomerate’s employees in
2014. She has always believed that employees’ well-being is at the heart of any
organisation’s success.
A British national, Ms Nair lives with her husband and two sons in London. When she is not busy formulating policies for labour welfare, she likes reading, running and dancing to Bollywood music.
Meanwhile, Chanel’s choice of Ms Nair as its global CEO comes at a time when the designer label is undergoing a rapid internal transformation to grapple with a pandemic-induced slump. The fashion house’s unusual decision to hire an industry outsider is designed to bring more inclusivity and diversity into the company. And Ms Nair, with all her rich experience, is certainly not going to disappoint the global fashion house.
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