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Who reappoints as Chairman & Managing Director of 'ITC Ltd' effective from 22 July, 2024?
A)
Sanjiv Puri
B)
Debasish Panda
C)
Rajiv Kumar
D)
Madhabi Puri Buch

Correct Answer :   Sanjiv Puri


ITC Ltd’s board has recommended the re-appointment of Sanjiv Puri as the company’s chairman & managing director for a period of 5 years, effective 22 July, 2024.

ITC Limited is an eminent Indian conglomerate, which holds a prominent position among the largest companies in the country. Its operations encompass a diverse range of business sectors, such as tobacco manufacturing, food processing, retailing, and financial services.


Sanjiv Puri Career :

Sanjiv Puri, 60, joined ITC in January 1986 and has since demonstrated exceptional leadership across various roles within the organization. He was appointed as the Chief Executive Officer in February 2017 and later re-designated as the Managing Director in May 2018. Puri took on the role of Chairman of the tobacco-to-hotels conglomerate on May 13, 2019.

During his tenure at ITC, Puri has held several key positions, displaying a remarkable understanding of diverse business verticals. He has overseen critical areas such as manufacturing, operations, and information & digital technology. Puri’s expertise and strategic vision have played a pivotal role in shaping ITC’s growth trajectory.


Sanjiv Puri Leadership :

Under Puri’s leadership, ITC has embraced a transformative strategy called ‘ITC Next,’ focusing on innovation, digital acceleration, customer centricity, and cost optimization. This strategic framework has enabled the company to invest in new growth avenues while ensuring supply chain agility. The company has made significant strides in areas such as environmental conservation, rural development, and community welfare, reflecting Puri’s dedication to creating a positive impact.

Source : Mint

Published On : July 12, 2023
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