New Delhi, May 13 : The Board of Directors of ITC appointed Managing Director Sanjiv Puri as the chairman of the company with effect from Monday.
The board took the decision at a meeting during the day.
Consequently, Puri's new designation is chairman and managing director, the company said in a release and in a stock exchange filing.
"It is an honour and privilege to be appointed the Chairman of ITC Ltd. It is a responsibility that I accept with humility and with a deep resolve to build on the outstanding legacy nurtured over the years, further strengthen and build market leadership across all business segments whilst reinforcing ITC’s commitment to put Nation First always," Puri said in a statement.
"In the journey ahead, I am sure I can count on the support of our shareholders, partners, associates and most of all, the dedicated Team ITC to continue our shared aspiration to build an exemplary enterprise of pride to the nation."
An alumnus of IIT Kanpur and Wharton, Puri has been the managing director since 2018.