ITC Group re-appointed Sanjiv Puri as its new Chairman on 14th May 2019.
Sanjiv Puri prior to this appointment was Managing Director (MD) of the company.
Sanjiv Puri appointment comes after noted industry leader and erstwhile ITC Chairman Yogi C. Deveshwar who died on 11 May 2019.
Yogi C Deveshwar (aged 72) had stepped down from ITC’s executive role in 2017 but remained non-executive chairman of the company. He was ITC’s longest serving Chairman and corporate head.
Sanjiv Puri is an alumnus of the Indian Institute of Technology (IIT), Kanpur and Wharton School of Business.
Sanjiv Puri joined ITC in 1986. Since 2015, he was a director on the board of the company.
In February 2017 he was appointed Chief Executive Officer (CEO), assuming independent charge of the executive leadership of ITC.
ITC is India’s largest cigarette company.
ITC was established in 1910 and is headquartered in Kolkata, West Bengal.
ITC has diversified presence in various business like Cigarettes, Packaging, Hotels, Agri-Business, Paperboards & Specialty Papers, Packaged Foods & Confectionery, Information Technology, Branded Apparel (Wills), and other FMCG products.