Diversified ITC Group has appointed Director FMCG business Sanjiv Puri as its Chief Operating Officer, amid speculations that he may succeed YC Deveshwar as its next CEO.
The board of the company, in a meeting held today has “redesignated Sanjiv Puri, Wholetime Director also as Chief Operating Officer of the Company with immediate effect,” ITC informed BSE in a regulatory filing.
Puri, a graduate from IIT Kanpur had joined ITC in 1986 and is currently head Director of FMCG business.