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ITC: Enduring Value

Corporate Management Committee

Members

Sanjiv Puri
Managing Director
Chairman - CMC
Nakul Anand
Executive Director
Rajiv Tandon
Executive Director & CFO
Chitranjan Dar
Quality Assurance, LSTC, CPO & EHS
S Sivakumar
Agri & IT Businesses
B Sumant
FMCG
K S Suresh
General Counsel
Sanjay Singh
Paperboards, Paper and Packaging Businesses
R Sridhar
Head, Corporate Human Resources

Secretary

R K Singhi
Executive Vice President and Company Secretary

Sanjiv Puri
image of Sanjiv Puri

Sanjiv Puri (56), is the Managing Director of ITC effective May 16, 2018. He was appointed as a Director on the Board of ITC with effect from December 6, 2015 and Chief Executive Officer from February 5, 2017 taking independent charge of the executive leadership of the Company. He is also the Chairman of the Corporate Management Committee.

Prior to this, he was the Chief Operating Officer (COO) of ITC since July 22, 2016. Before taking over as the COO, he was responsible for overseeing the FMCG, Paperboards, Paper & Packaging and Agri Businesses of ITC. Puri is an alumnus of the Indian Institute of Technology, Kanpur, and Wharton School of Business. He joined ITC in 1986.

Prior to his appointment as a Director on the Board of ITC, Puri was President, FMCG Businesses - Cigarettes, Foods, Personal Care, Education & Stationery Products, Matches and Agarbattis, since December 2014. He has handled a wide range of responsibilities including business leadership positions as well as in manufacturing, operations and information & digital technology. Puri became Divisional Chief Executive of the Tobacco Division in 2009, with additional responsibility for the Company's Trade Marketing & Distribution Vertical. He has led ITC Infotech India Limited (I3L), a wholly owned subsidiary of ITC, as its Managing Director from May 2006 to August 2009. Puri served between 2001 and 2006 as the Managing Director of Surya Nepal Private Limited (SNPL), a joint venture subsidiary company of ITC in Nepal. He has also been a Director on the Board of The Tobacco Institute of India and past Member of the Board of Governors of the Media Research Users Council. He has served as the Chairman of FICCI's FMCG Committee, the Agri & Food Processing Task Force of the CII Eastern Region and as a Council Member of the CII Eastern Region. He was also on the Executive Council of The Indian Society of Advertisers.

Presently, Puri is the Chairman of SNPL and the Sr. Vice Chairman of I3L and its wholly owned subsidiaries in the UK and USA. He serves on the National Executive Committees of CII and FICCI. He is also a Director on the Board of US-India Strategic Partnership Forum and a Member of the Steering Committee of FICCI.

nakul anand
image of Nakul Anand

Nakul Anand (61), was appointed as a Director on the Board of ITC effective January 3, 2011. In addition to overseeing the Hospitality, Travel & Tourism Businesses of ITC, he took over in December 2014, the responsibility for overseeing the Lifestyle Retailing Business.

An Economics Honours Graduate from the Delhi University with an AMP Degree from the Bond University, Australia, Anand joined ITC Hotels' Management Training Programme in 1978. He has also served as the Managing Director of erstwhile ITC Hotels Limited during the period 2003-05.

In a career that spans close to four decades, Anand has been acknowledged in the hotels and tourism industry for his vision and commitment. Leveraging the significant learning of sustainable excellence within ITC, he led the team at ITC Hotels to pioneer the concept of 'Responsible Luxury' in the hospitality industry, securing LEED® Platinum certifications for all ITC super premium luxury hotels. He has formulated value-based strategies to create a unique quality control model. His dynamic leadership and passion for the business is recognised and acknowledged by his peers. He has been a past President of the Hotel Association of India and past Chairman of the CII National Tourism Committee. Anand is presently a Member of the National Tourism Advisory Council constituted by the Ministry of Tourism, Government of India, Chairman of the Federation of Associations in Indian Tourism & Hospitality, and a Member of the Executive Committee of the Hotel Association of India. He is also a Member of the India-Sri Lanka CEOs Forum.

Rajiv Tandon
image of Rajiv Tandon

Rajiv Tandon (64), was appointed as a Director on the Board of ITC effective January 22, 2016. He is responsible for Finance, Accounting and Internal Audit Functions and Investment Subsidiaries of the Company. Prior to this, he was the Chief Financial Officer of the Company, a position that he continues to hold. A Fellow Member of the Institute of Chartered Accountants of India with over three decades of experience, Tandon has held various positions in ITC including Executive Vice President - Finance & MIS of the Tobacco Division, Executive Vice President - Corporate Finance, Finance Advisor and member of the Management Committee of Agri Business and Tobacco Divisions.

Tandon was named the 'Best CFO in India' by Business Today in 2013. He has held several important positions in various industry bodies including Member, Managing Committee, The Bengal Chamber of Commerce & Industry; Chairman of the Expert Committee on Banking and Finance, Indian Chamber of Commerce; Member, Taxation and Company Law Committee, CII, and is currently a Member of the CII National Committee for CFOs, as well as a Member of the Capital Markets Committee of FICCI.

chitranjan dar
image of Chitranjan Dar

C Dar is responsible for overall supervision of Quality Assurance, ITC Life Sciences & Technology Centre, Central Projects Organisation and Environment, Health & Safety since June 2015.

Dar is an engineer from IIT, Delhi and an MBA from IIM, Ahmedabad.  He started his career in ITC's Packaging and Printing business in 1981.  In 1998, he was seconded to the then ITC Bhadrachalam Paperboards Limited as head of Marketing and was elevated to the Board of that company in 1999.  In 2003, he joined the Lifestyle Retailing Business Division as its Chief Executive and continued in that role till he moved in August 2008 to the Foods business as Chief Operating Officer. He took over as Divisional Chief Executive of the Foods Business in August 2009 and continued in that role till May, 2015.

s sivakumar
image of S Sivakumar

S Sivakumar oversees Agri and IT Businesses of the Company. He was the Divisional Chief Executive of the Agri Business Division till November 2017. He is the Chairman of Technico Agri Sciences Limited, and Vice Chairman of ITC Infotech India Limited and its subsidiaries in the UK and USA.

The e-Choupal initiative was developed and executed under Sivakumar's leadership of the Agri Business Division. Topper of the Class of 1983 from the Institute of Rural Management Anand, (IRMA), Sivakumar worked with a farmers' cooperative for six years before joining ITC in 1989.

Sivakumar is the Chairman of the National Agricultural Council of the Confederation of Indian Industry (CII), Vice Chairman of the World Economic Forum's Global Agenda Council on Social Innovation, and a member on the Board of Governors of Institute of Rural Management, Anand (IRMA).

Among other organisations. Sivakumar has served on the Boards of India's National Bank for Agriculture and Rural Development (NABARD), and Indo US Knowledge Initiative on Agriculture, the Private Sector Committee of the Consultative Group on International Agricultural Research (CGIAR), and UN Global Compact's Core Advisory Group to develop Sustainable Agriculture Business Principles.

B Sumant
image of B Sumant

B Sumant took over as President, FMCG Businesses - Cigarettes, Foods, Personal Care, Education & Stationery Products, Matches and Agarbattis on April 1, 2016. For a year, he held additional responsibility of Trade Marketing and Distribution as its Chief executive since October 2016. Sumant was the Divisional Chief Executive of the Tobacco Division before his elevation as President - FMCG Businesses.

An alumnus of NIT Durgapur, Sumant joined ITC in January 1986 and has handled a wide range of responsibilities across several businesses. He spent the first 19 years in Manufacturing operations of the Tobacco Division and has worked in four production units as well as at Head Office where he was General Manager, Operations.

In October 2004, he moved to the foods business and set up the Snack Food category under the brand name 'Bingo!'.

He led ITC Infotech India Limited, a wholly owned subsidiary of ITC, as its Managing Director from April 2009 to October 2014. He has also been on the Boards of ITC Infotech's wholly owned subsidiaries in the UK and the USA.

Sumant is a member of the CII National FMCG Committee. He is a member of CII Eastern Regional Council for 2016-17 and the Chairman of CII Eastern Region Agriculture & Food Processing Taskforce. He is also a Director on the Board of Tobacco Institute of India and Surya Nepal Pvt. Limited.

k s suresh
image of K S Suresh

K S Suresh is General Counsel of ITC. A lawyer by qualification and training, he joined the Company in 1990 after being in private practice, and took charge of the Legal function in 1998. With wide ranging expertise and experience in corporate laws as well as litigation, he has guided many important legal issues to successful resolution for the Company.

Sanjay Singh
image of Sanjay Singh

Sanjay Singh is Divisional Chief Executive, Paperboards and Specialty Papers Division. He also oversees the Packaging and Printing Business. Prior to this he was the Chief Operating Officer of the Paperboards Business. A chemical engineer from IIT Kanpur, Singh joined the erstwhile ITC Bhadrachalam Paperboards Limited as a management trainee in 1977 and rose to become a whole time director in 1999. Consequent to the merger of ITC Bhadrachalam Paperboards Limited with ITC Limited in March 2002, he took charge of the Paperboards & Specialty Papers Division as Executive Vice President (Manufacturing) with responsibility for Bhadrachalam, Tribeni, Kovai and Bollaram units. He has played a vital role in the implementation of TPM and Lean manufacturing in all the units.

R Sridhar
image of R Sridhar

R Sridhar, Head, Corporate Human Resources, joined ITC in 1982 after completing his post-graduation in Personnel Management and Industrial Relations from XLRI, Jamshedpur, where he was awarded the gold medal for academic excellence.

Prior to his current role, he was heading Learning and Development at Corporate Human Resources. Earlier in his career, Sridhar has handled senior HR assignments amongst others in the India Tobacco Division and the Agri Business Division - ILTD.

Sridhar is a Fellow in Management from XLRI, Jamshedpur. His doctoral thesis establishes the significance of HR Processes to elicit positive employee attitudes and behaviours to impact employee performance.

R K Singhi
image of R K Singhi

Rajendra Kumar Singhi (53) is Executive Vice President & Company Secretary of ITC Limited effective February 4, 2018. Singhi is a Fellow Member of the Institute of Company Secretaries of India (ICSI) and is a Law Graduate.

He has over 30 years of experience in corporate laws and governance related matters. Prior to appointment as Company Secretary, Singhi was the Senior Deputy Secretary of ITC Limited. He is on the Boards of some of ITC Subsidiaries.

Singhi is a Member of the Secretarial Standards Board of the ICSI and also of the Corporate Governance Committee of The Bengal Chamber of Commerce and Industry.

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