Colgate-Palmolive (India) Limited announced that at its board meeting held on July 26, 2023, based on the recommendation of the Nomination & Remuneration Committee, the Board has approved the appointment of Dr. (Mr.) Indu Bhushan as an Additional Director designated as Non-Executive, Independent Director, not liable to retire by rotation, for a first term of 5 consecutive years with effect from July 26, 2023 till July 25, 2028, subject To Approve the Members. Dr. Indu Bhushan is a seasoned professional with nearly 40 years of experience across various sectors. Prior to leaving government service in 1995, he served for nine years in the Indian Administrative Service.

Subsequently, he worked as a Senior Economist with the World Bank Group before joining the Asian Development Bank (ADB) in 1997. During his tenure at ADB, Dr. Bhushan held several key positions, including Director General of the East Asia Department and Director General of the Strategy and Policy Department. He played a pivotal role in ADB's engagement with several Asian economies, notably the People & Republic of China.

In 2018, Dr. Bhushan was appointed by the Government of India as the Chief Executive Officer (CEO) of Ayushman Bharat ­ Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), a flagship health assurance scheme covering over 500 million citizens in India. He also spearheaded the implementation of the ambitious National Digital Health Mission, which was later renamed Ayushman Bharat Digital Mission. Currently, Dr. Bhushan serves as a senior associate at Johns Hopkins University in Baltimore and holds the position of Ambassador for the Johns Hopkins Gupta Klinsky India Institute.

He acts as an Independent Director on the Boards of Godrej Properties Limited, Apollo Health Co Ltd, Vidhi Centre for Legal Policy, Swasth Digital Health Foundation and as a Director on Resolve to save lives India Foundation - Section 8 Company. He also holds 50% stake in the said Section 8 Company. Additionally, he chairs the NGO Partnership for Impact (P4i).

Dr. Bhushan holds a Ph.D. in Health Economics and a Master of Health Sciences from Johns Hopkins University in USA. He is an alumnus of the Indian Institute of Technology Banaras Hindu University (IIT BHU) and IIT Delhi, where he completed his B. Tech and Post Graduate Diploma, respectively. Furthermore, he is a Chartered Financial Analyst (CFA).