ITC Limited
Sustainability Report 2013
Governance, Commitments And Engagements
Effective management of multiple businesses through a three-tiered governance structure
Clearly defined roles and responsibilities
Robust and comprehensive framework of strategic planning and performance management
Building an institution of tomorrow
Our Corporate Governance processes are designed to support effective management of multiple businesses while retaining focus on each one of them. The practice of Corporate Governance at ITC takes place at three interlinked levels:
Strategic supervision | by the Board of Directors (Board) |
Strategic management | by the Corporate Management Committee (CMC) |
Executive management | by the Divisional/Strategic Business Unit (SBU) Chief Executive assisted by the respective Divisional/SBU Management Committee (DMC) |
The role, powers and composition of the Board, Board Committees, CMC and DMC are available on the Company’s corporate website.