ITC elevates Sanjiv Puri as chairman after Y C Deveshwar's death

An engineering graduate from the Indian Institute of Technology, Kanpur, Puri joined ITC in 1986, and has now made his way to the top job

The board of cigarette-to-hotel major, ITC, on Monday appointed Managing Director Sanjiv Puri its chairman, taking the company’s succession plan to its logical conclusion.

The appointment of 56-year-old Puri was with effect from May 13, 2019. ITC said Puri’s new designation was chairman and managing director (CMD).

Puri said, “It is an honour and privilege to be appointed the chairman of ITC. I accept the responsibility with humility and with a deep resolve to build on the outstanding legacy nurtured over the years, further strengthen and build market leadership across all business segments while reinforcing ITC’s commitment to put Nation First always.” 

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