Chair of the highest governance body

The Chairman of ITC is the Chief Executive of the Company. He is the Chairman of the Board and the CMC. His primary role is to provide leadership to the Board and the CMC for realising Company goals in accordance with the charter approved by the Board.

We have a diversified business portfolio which demands of senior leadership an in-depth knowledge and understanding of the functioning of the Company, so as to enhance the value-generating capacity of the organisation and contribute significantly to stakeholders’ aspirations and societal expectations. The Chairman of the Company, therefore, is chosen from the Executive management.

Board of Directors (Board)

The ITC Board is a balanced Board, comprising 3 Executive and 10 Non-Executive Directors (including 8 Independent Directors) as on March 31, 2009.

Selection of Directors

ITC’s Governance Policy stipulates that the Non-Executive Directors (including Independent Directors) be drawn from amongst eminent professionals with experience in business/finance/law/public enterprises. The selection of Executive Directors is done by the Nominations Committee, which comprises Independent Directors and the Chairman.