Little known facts about Y C Deveshwar

There are many little known things about Non-Executive Chairman of ITC Y C Deveshwar only a few are aware of. Here are the details.

Hyderabad: On Saturday morning, Non-Executive Chairman of ITC Yogesh Chander Deveshwar passed away in Gurugram in a private hospital. Though he was better known to the world for transforming the ITC from a tobacco-based company to India’s one of the largest fast moving consumer goods (FMCG) company, there are many little known things about him only a few are aware of.

Here are the details:

• He was born on 4th February in Lahore of present Pakistan in 1947
• He was an alumnus of IIT Delhi and the Harward Business School
• He joined ITC in 1968 and was appointed as a director on the Board of the company in 1984
• He became the Chief Executive Officer (CEO) of ITC in 1996 and served for more than 20 years
• He stepped down from the executive position in 2017 and became the company’s Non-Executive Chairman
• He was also the Chairman of the Society and Board of Governors of the Indian Institute of Management, Calcutta
• He received Padma Bhushan, India's third highest civilian award in 2011
• He was listed as the best Performing CEO in India by Harvard Business Review
• He led Air India as the Chairman and Managing Director between 1991 and 1994
• In 2012, the Union Government nominated him as a Director on the Central Board of Directors of Reserve Bank of India (RBI)