Yogesh Chander Deveshwar

Mr .
Yogesh Chander
Deveshwar -
chairman
of
itc
sometimes not taking risk is also a big risk- by ycd

PROFILE
BORN ON: 4th February,1947 In LAHORE,INDIA
RESIDENCE: KOLKATA, INDIA
EDUCATION: He finished his

Bachelors Of Technology degree in
Mechanical Engineering at the Indian Institute
Technology,Delhi in 1968.
Other Qualifications: He Received an AMP

Diploma from Harvard Business
School,Massachusetts & did a course on
advanced training in hoteliering & services
from Cornell University in United States.
CAREER
o Y C Deveshwar joined ITC Limited in 1968 as a management pupil.

o He also worked as an MBO advisor and factory manager after which he became
a Director in 1996 and has been serving as the Chief Executive and the Chairman
of ITC Limited ever since.
o He has been the head of ITC’s affairs for about fifteen years and is the longest
serving chairman in the history of the organization.
o He also worked as Chairman and Managing director of Air India in 1991 and was
also board member of Indian Airlines, International Airports Authority of India,
and Air Mauritius Limited.
o He is also a member of board of Governors of IIM and Indian School of Business.
o In 2011, His salary was estimated to be around 26 lakhs (2.6 million) per month
which is nearly triple the second highest salary in his company.
ABOUT
ITC LIMITED
ONE OF INDIA’S MOST ADMIRED & VALUABLE COMPANIES
➢ ITC was incorporated on August 24, 1910 under the
name Imperial Tobacco Company of India Limited. As the
Company gradually expanded its operations, the name of the
Company was changed to ITC Limited in 2001.
➢ Although the company primarily used to deal with cigarettes,

it later expanded its business among various sectors.
➢ After Y.C Deveshwar took over, ITC transformed from 5,000
crore company to 27,000 crore
company through its expansion.
ITC BUSINESS PORTFOLIO
Philosophy of itc
➢ As one of India’s most valuable and respected corporations,

ITC created World-Class Indian Brands and is widely perceived
to be dedicatedly nation oriented.
➢ According YC Deveshwar, “ ITC believes that its aspiration is to

create enduring value for the nation by not only driving each of
its businesses towards international competitiveness but also
by consciously contributing to the society at large.”
Growth Of ITC Under Y.C.D
✓ Under the leadership of Y.C.D ,The efforts of ITC’s sustainability took
new shape due to the innovative business model introduced by him.
✓ When he took charge as ITC chairman in January 1996, gross

revenue was less than Rs 5,200 crore. That has grown 10-fold to Rs
51,582 crore.
✓ ITC become the 1st indian organisation to submit its sustainability

report as per the guidelines of the Global Reporting initiative.
✓ ITC won the 'World Business Award' given jointly by the United
Nations Development Program (UNDP), International Chamber of
Commerce (ICC) and International Business Leader's Forum (IBLF).
Philanthropy Of Y.C.D through ITC
➢
Limited
Y.C.D encouraged philanthropy in india in the name of Corporate
social responsibility.Under him,ITC Limited took up various
environmental initiatives and became the only company in the
world to be Carbon Positive, Water positive and solid waste
recycling positive.
➢ ITC also undertook various social initiatives such as -
• Generating livelihood for over 5 million people
• E-Choupal benefits to over 4 million farmers
• Watershed development programme bringing water to
water stressed areas
• Imparting education to women,children & to other uneducated
backward classes
• Social farm and forestry Act
Awards and Accolades
❑ Padma Bhushan by the Government of India , 2011
❑ Global Leadership Award by U.S - India Business School of
the U.S Chamber of Commerce, 2010
❑ Harvard Business Review ranked ITC Chairman Y C
Deveshwar as the 7th Best Performing CEO in the World.
❑ Prestigious Banga Bibhushan award, the highest civilian
honour instituted by the Government of West Bengal.
❑ Inducted to the 'Hall of Pride' at the Indian Science
Congress, 2006
❑ Lakshya Business Visionary Award, 2006
❑ SAM/SPG Sustainability Leadership Award, 2007
Conclusion
❖ YC Deveshwar, therefore, played an instrumental
role in coming up with strategic ideas which placed
ITC among the value creating organizations of India
and making it one of the most admired and valuable
companies in India. In a long career extending for
over thirty-six years, Y.C Deveshwar handled
general management, strategic management &
business leadership & lifted the company to its
incredible fame and glory.
THANK
YOU
BY:
D. SHIVANANDINI (012)
G. NEEHARIKA (20)
D.V. PRATHYUSHA (112)
NEENA ()

Yogesh Chander Deveshwar

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Mr .

sometimes not taking risk is also a big risk- by ycd

RESIDENCE: KOLKATA, INDIA

EDUCATION: He finished his

Other Qualifications: He Received an AMP

o Y C Deveshwar joined ITC Limited in 1968 as a management pupil.

➢ Although the company primarily used to deal with cigarettes,

➢ As one of India’s most valuable and respected corporations,

➢ According YC Deveshwar, “ ITC believes that its aspiration is to

✓ When he took charge as ITC chairman in January 1996, gross

✓ ITC become the 1st indian organisation to submit its sustainability

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