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Sanjiv Puri appointed ITC chairman

Managing Director of ITC, Sanjiv Puri, has been appointed as Chairman of the company by the Board of Directors. His new designation will now be Chairman and Managing Director of the company, ITC said in a stock exchange filing.

The 56-year-old Puri will fill the void created by the demise of Yogesh Chander Deveshwar on Saturday. Puri has been the Managing Director since 2018, after being appointed on the ITC board in December 2015 and as CEO in February 2017.

Puri is an alumnus of IIT Kanpur and Wharton School of Business. He joined ITC in 1986 and has handled various responsibilities including as chief of FMCG business including cigarettes, foods, personal care education and stationery and matches and agarbattis. He has also led ITC Infotech and has served as managing director of Surya Nepal, a subsidiary of ITC.

Source: The Hindu