ITC’s New Chairman Sanjiv Puri
The Board of Directors of the company ITC, countries largest cigarette makers, in the meeting, appointed Sanjiv Puri as Managing director and chairman of the company with the immediate effect. The effect was immediately levied, taking into consideration the demise of YC Deveshwar chairman and non-executive director.
As on 13th May, Puri’s new designation is Chairman and Managing Director of the company, the directors said in an exchange filing. Since 2015 Puri was a director on the board of the company and in February 2017, he was appointed as Chief executive officer with the independent powers of leadership of conglomerate.
Puri stated that he was extremely honored and privileged as he was appointed as chairman of the company. He added that he accepts this responsible position with humility and deep resolve to build outstanding legacy nurtured over the years, strengthen and build market leadership across all business segments whilst reinforcing ITC's commitment to put Nation First always.