Person in News: Priya Nair – First Woman CEO & MD of Hindustan Unilever (HUL)Key Points / Notes:
- Historic Appointment: Priya Nair becomes HUL’s first woman CEO & MD in its 92-year history.
- Gender Gap in India Inc:
- Only 9 of Nifty 200 firms have women CEOs or MDs (July 2024).
- Nifty 50: 2 women CEOs/MDs, Nifty 100: 3, Top 500: 24.
- Representation fluctuated between 3.5%–6% over the past decade.
- Structural Barriers:
- Women often concentrated in marketing, HR, or branding, not operations or finance (preferred for CEO roles).
- Cultural expectations of work-life balance limit career growth.
- Workplace biases and lack of supportive policies prevent retention of high-potential women.
- Leaky Pipeline:
- Female employee share: 23% at entry level → 13% in key management → 10% as executive directors.
- Many women drop out due to hostile environments or family pressures.
- Experts’ Views:
- Kiran Mazumdar-Shaw: Corporate sector not doing enough to empower women; DEI and ESG measures exist but implementation lacking.
- Women bring empathy, strategic thinking, and risk-taking skills to leadership roles.
- Pranav Haldea: Need supportive policies, childcare equality, and household sharing to prevent career drop-offs.
- Significance: Priya Nair’s appointment marks progress but highlights persistent gender disparity in India’s top corporate positions.
Updated: Jul 13, 2025, 05:00 PM | ET