ITC Managing Director Sanjiv Puri has been appointed as the chairman by the Board of Directors. His new designation will now be chairman and managing director, the company said in a stock exchange filing.
Company chairman Yogesh Chander Deveshwar passed away on May 11.
Mr. Puri (56) has been the Managing Director since 2018. He was appointed on the board in December 2015 and as the CEO in February 2017.
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He is an alumnus of IIT Kanpur and the Wharton School of Business. He joined the ITC in 1986 and has handled various responsibilities, including as chief of FMCG business that comprises cigarettes, foods, personal care education and stationery and matches and agarbathies.
Mr. Puri has also led ITC Infotech and served as managing director of Surya Nepal Private Ltd., a subsidiary of ITC.