| Lesley Jackson, a key executive from S&N has taken over as the chief financial officer (CFO) of United Breweries Ltd. |
| She has been nominated by Scottish & Newcastle Plc, UK, in accordance with the agreement to facilitate the strategic sale of a 37.5 per cent stake. S&N has invested approximately Rs 940 crore in the beer business of the UB Group. |
| Lesley Jackson replaces P A Murali, who was executive vice-president, finance of United Breweries. He has now been moved to United Spirits as chief financial officer. United Spirits' operations include McDowell, Herbertsons, Triumph Distillers & Vintners and Shaw Wallace. |
| A statement from UB Group said that Murali played a pivotal role in bringing in Scottish & Newcastle as a strategic partner. |
| UB Group has also announced that Harish Bhat has been appointed as executive vice-president - finance for the entire UB Group. |
| He will be responsible for corporate finance activities in the group including promoter funding, equity and debt raising (other than working capital), mergers and acquisitions and reorganisation. |
| Until now, Bhat was executive vice-president of spirits division of the UB Group. |
| "His skills will now be utilised on a wider platform to address the long-term structural funding needs of the group. |
| He will closely interact with the operating companies of the group, and assist them for long-term fund raising as well as corporate reorganisation," said Ravi Nedungadi, president & CFO of the UB Group. |
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