Leadership
Board of Directors
R Lerwill - Non-Executive Director
R Lerwill (61) joined the ITC Board as a representative of BAT with effect from November 18, 2013. Lerwill attended Nottingham University before qualifying as a Chartered Accountant. He later completed the Harvard Business School Advanced Management Program.
Lerwill was on the Board of British American Tobacco PLC as a Non-Executive Director from January 2005 to April, 2013 where he was chairman of the Audit Committee and also a member of the Nominations and Remuneration Committees. Until June 2003, Lerwill was an Executive Director of Cable and Wireless PLC where he served as Finance Director between 1997 and 2002 and Chief Executive of Cable and Wireless Regional between 2000 and 2003. From 1986 to 1996 he was Group Finance Director of WPP Group PLC. In both companies he was instrumental in developing and managing major international businesses. Lerwill was Chief Executive Officer of Aegis Group PLC from February 2005 to November 2008. He was Chairman of Synergy Health PLC until June 2012.
S B Mathur - Non-Executive Director
S B Mathur (68) has been on the ITC Board since July 29, 2005, first as a representative of LIC and then in his individual capacity as a Non-Executive Independent Director.
A qualified Chartered Accountant, Mathur retired from LIC in October 2004 as its Chairman. Subsequently, the Government of India appointed him the Administrator of the Specified Undertaking of the Unit Trust of India in December 2004, up to December 2007.
Mathur took over as Chairman of LIC at a time when the insurance sector had just opened up. Under his leadership, LIC successfully rose to the challenges of a competitive environment by enhancing product offerings. He joined LIC in 1967 as a Direct Recruit Officer and rose to the rank of Chairman. He held various positions in LIC including Senior Divisional Manager of Gwalior Division, Chief of Corporate Planning, General Manager of LIC (International) E.C., Zonal Manager in-charge of Western Zone and Executive Director. Mathur is Director on the Boards of National Stock Exchange of India Ltd, Infrastructure Leasing & Financial Services Limited, DCM Shriram Industries Limited and Havells India Limited among others.
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