yc deveshwar

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Page 1: Yc deveshwar
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PROFILE

Yogesh Chander Deveshwar was born on 4February 1947 in Lahore, British India. Hereceived his Bachelor of Technology Degreein Mechanical Engineering from the IndianInstitute of Technology, Delhi in 1968. Y CDeveshwar joined ITC Limited in 1968. He wasappointed as a Director on the Board of theCompany in 1984 and became the ChiefExecutive and Chairman of the Board in 1996.

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Transformed a

tobacco company to a

conglomerate

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Company’s businesses span

Consumer Goods (Foods, Personal Care

Products,

Cigarettes, Lifestyle Apparel, Education

and Stationery Products, Incense Sticks and

Safety Matches), Hotels,

Paperboards & Packaging, Agri-Business and

Information Technology.

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During his tenure, the company has consolidated and

strengthened its diversified businesses and hotels,

paperboards and packaging. Deveshwar is the man who

guided ITCs successful foray into new growth areas

including agri business, retail and distribution and

branded FMCG goods. YC Deveshwar is a past

President of Confederation of Indian Industry and a

member of the Board of Governors of the Indian

School of Business.

His powerful strategy of creating multiple drivers of

growth has led ITC to become a US $42billion Market

Cap Company with a turnover of over $7billion.

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Value-oriented person.

High on action.

Believes in professionalism.

Always believes in work.

Strategist

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CSR INITIATIVES

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Csr initiatives

AREA ACTIVITIES/INITIATIVES/PROGRAMMES

Eradication of hunger and poverty

Crop productivity improvement

Livestock/Dairy development

Creation of sustainable livelihoods for the poor

Promotion of Education Promotion of Education

Promoting Gender Equality & Empowering Women

Promotion of women-based micro enterprises

Reducing child mortality & improving maternal health

Basic hygiene and sanitation improvement initiatives

Combating diseases Health centres and camps

Ensuring Environmental Sustainability

Social and Farm Forestry

Soil and Moisture Conservation

Solid Waste Management

Promotion of sustainable business practices

Employment enhancing vocational skills Vocational/skills development

Social Business InitiativesFarmer Knowledge empowerment through IT-enablement

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Once, Mr. Deveshwar was asked, His Company is doing

lots of Corporate Social Responsibility Projects. Is this

because they feel guilty of being in Tobacco business?

He answered,

I didn’t start it.

If I don’t do, somebody else will.

If ITC was not in the cigarette business. Then people would

not stop Smoking

If we Ban it in India….Then people will start smuggling

which will even hit the State and Central Exchequer and

only the Smugglers would benefit and nobody else.

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Don't challenge your competition. Let them sleep

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AWARDS AND HOUNERS

Harvard Business Review ranks ITC Chairman Y

C Deveshwar as the 7th Best Performing CEO in

the World in 2012

Among several other accolades during his

eminent career, Mr. Deveshwar has been honored

with the Global Leadership Award by the US-

India

Country confer the Padma Bhushan award to

Yogesh Chander Deveshwar in 2011

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