Board of Directors Corporate Management Committee

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Board of Directors Corporate Management Committee Board of Directors Chairman Non-Executive Directors Yogesh Chander Deveshwar Anil Baijal Hugo Geoffrey Powell Ravinder Kumar Kaul Pillappakkam Bahukutumbi Ramanujam Executive Directors Serajul Haq Khan Anthony Ruys Sunil Behari Mathur Basudeb Sen Anup Singh Dinesh Kumar Mehrotra Balakrishnan Vijayaraghavan Krishnamoorthy Vaidyanath Board Committees Audit Committee Compensation Committee Nominations Committee S B Mathur Chairman S H Khan Chairman Y C Deveshwar Chairman R K Kaul Member S B Mathur Member A Baijal Member P B Ramanujam Member H G Powell Member R K Kaul Member B Vijayaraghavan Member B Sen Member S H Khan Member K Vaidyanath Invitee S B Mathur Member (Director responsible for the Finance Function) D K Mehrotra Member S Basu Invitee P B Ramanujam Member (Head of Internal Audit) Representative of the Invitee Statutory Auditors Investor Services Committee Sustainability Committee B B Chatterjee Secretary R K Kaul Chairman Y C Deveshwar Chairman P B Ramanujam Member H G Powell Member A Singh Member A Ruys Member B Sen Member B Sen Member B Vijayaraghavan Member B Vijayaraghavan Member B B Chatterjee Secretary Corporate Management Executive Vice President & Company Secretary Biswa Behari Chatterjee Committee General Counsel Directors Kannadiputhur Sundararaman Suresh Y C Deveshwar Chairman Investor Service Centre A Singh Member 37 Jawaharlal Nehru Road, Kolkata 700 071, India K Vaidyanath Member Phone : 033-2288 6426/2288 0034 Fax : 033-2288 2358 Executives e-mail : [email protected] N Anand Invitee Auditors P Chatterjee Invitee A F Ferguson & Co. K N Grant Invitee Chartered Accountants, Kolkata R G Jacob Invitee Registered Office A Nayak Invitee Virginia House R Srinivasan Invitee 37 Jawaharlal Nehru Road, Kolkata 700 071, India B B Chatterjee Secretary Phone : 033-2288 9371 ITC corporate website : www.itcportal.com ITC Report and Accounts 2009 1 Your Directors Y. C. Deveshwar Other Directorships Name of the Company Position Y. C. Deveshwar, an engineering graduate from the Indian Institute of Technology, Delhi joined ITC Limited in 1968. Surya Nepal Private Limited* Chairman & Director He was appointed as a Director on the Board of the HT Media Limited Director Company in 1984 and became the Chief Executive and West Bengal Industrial Director Chairman of the Board on January 1, 1996. Between Development Corporation 1991 and 1994, he led Air India as Chairman and Limited Managing Director. Committee Membership of other Companies Under his leadership, ITC’s Sustainability efforts were Name of the Company Committee Position given shape through unique business models. ITC became HT Media Limited Audit Committee Member the first Indian company to publish its Sustainability Report, 2004 in accordance with the guidelines of the Global Reporting Initiative. For the efforts at creating Anup Singh sustainable livelihood opportunities, ITC also won the inaugural World Business Award instituted jointly by the Anup Singh was appointed a Director on the Board of ITC United Nations Development Programme, International on November 21, 1997. He supervises the Company’s Chamber of Commerce and the HRH Prince of Wales Cigarettes, Foods, Personal Care, Lifestyle Retailing and International Business Leaders Forum. ITC’s ‘e-Choupal’, Agri Business Divisions. He has in the past held responsibility a digital infrastructure initiative to empower marginal for the Company’s Information Technology business. farmers in India, is taught as a case study at the Harvard An Electrical Engineer from IIT Kharagpur, he has played Business School. This initiative won the Development a key role in initiating modernisation, quality and technology Gateway Award at Beijing in September 2005 and the upgradation in various businesses across ITC through a Stockholm Challenge Award in May 2006. career spanning more than four decades. He was instrumental in implementing the concept of “Management Deveshwar is the Past President of the Confederation of by Objectives” (MBO), a strategic initiative of the Company. Indian Industry. He is also a member of the Board of Governors of the Indian School of Business and the former Prior to his appointment as Director, he led the Company’s Chairman of the Society and Board of Governors of the Cigarette and Specialty Papers businesses as its Chief Indian Institute of Management, Calcutta. He also serves Executive. Mr. Singh also holds responsibility for the on the National Executive Committees of some of India’s Company’s R&D, Environment, Occupational Health and premier trade and industry bodies. Safety functions and oversees the Central Projects Organisation. His Directorships include that of the Tobacco Amongst several awards and recognitions during his Institute of India. He is the President of The Bengal Chamber distinguished career, Deveshwar has been honoured with of Commerce and Industry and past President of the Indian the SAM/SPG Sustainability Leadership Award 2007 Chamber of Commerce. conferred at the International Sustainability Leadership Symposium, the Business Person of the Year Award 2006 Other Directorships by the UK Trade & Investment by His Royal Highness Name of the Company Position Prince Andrew, the Duke of York. In January 2006, he ATC Limited Chairman & Director was inducted to the prestigious Hall of Pride at the Indian Surya Nepal Private Limited* Director Science Congress. He was also named the Manager Entrepreneur of the Year 2001 by Ernst & Young. Committee Membership of other Companies: Nil 2 ITC Report and Accounts 2009 Your Directors K. Vaidyanath Anil Baijal K. Vaidyanath was appointed a Director on the Board of Anil Baijal joined the ITC Board as a representative of the ITC on January 17, 2001. He holds responsibility for the Specified Undertaking of the Unit Trust of India on July 27, Company’s Finance, Internal Audit and Corporate 2007. Baijal started off in the Indian Administrative Service Communications functions, its investment subsidiary, its in 1969 from the Union Territories Cadre and superannuated Paperboards & Specialty Papers, Packaging, Information in October 2006 as Secretary, Ministry of Urban Technology, Education and Stationery Products, Matches Development, Government of India. He piloted the flagship and Agarbattis businesses. programme of the Jawaharlal Nehru Urban Renewal Mission for improving infrastructure and basic services in the urban Before his elevation to the Board, he was the Company’s areas of the country. Chief Financial Officer. An MBA from XLRI, Jamshedpur, Vaidyanath has been with ITC for the past 33 years. In his long career spanning over 37 years, he has held He has held various positions in the Company’s Finance several eminent positions including that of Chairman and function including that of Head of Finance of ITC’s Managing Director of Indian Airlines, Chief Executive of Packaging, Hotels and Agri Businesses. He has also been Prasar Bharti Corporation, Union Home Secretary, Additional Head of Corporate Planning & Treasury and Internal Audit. Secretary, Ministry of Information & Broadcasting and He has in the past held responsibility for the Company’s Joint Secretary in the Ministry of Civil Aviation, Government Agri Business. He has been a recipient of the ‘Best CFO’ of India. award from Business Today. He was posted as the Counsellor in charge of the Indian Other Directorships Aid Programme in Nepal, Embassy of India, Kathmandu. He also had a brief stint as Vice-Chairman of Delhi Name of the Company Position Development Authority. Russell Credit Limited Chairman & Director Gold Flake Corporation Chairman & Director Other Directorships Limited Name of the Company Position Wills Corporation Limited Chairman & Director International Travel Director Greenacre Holdings Chairman & Director House Limited Limited Bangalore Metro Rail Director ITC Infotech India Limited Chairman & Director Corporation Limited ITC Infotech Limited, U.K.* Chairman & Director DLF Pramerica Life Director ITC Infotech (USA), Inc.* Chairman & Director Insurance Classic Infrastructure & Director Company Limited Development Limited IDFC PPP Trusteeship Director Company Limited Committee Membership of other Companies MMTC Limited Director Name of the Company Committee Position Russell Credit Limited Audit Committee Chairman Committee Membership of other Companies Gold Flake Audit Committee Chairman Name of the Company Committee Position Corporation Limited DLF Pramerica Life Audit & Member Greenacre Holdings Audit Committee Chairman Insurance Company Compliance Limited Limited Committee ITC Report and Accounts 2009 3 Your Directors R. K. Kaul Khan in his capacity as IDBI Chairman has served on the Boards of a number of important institutions such as UTI, R. K. Kaul joined the ITC Board on August 7, 2007 as a LIC, GIC, IFCI, Exim Bank, Deposit Insurance Corporation, representative of the General Insurers’ (Public Sector) Indian Airlines and Air India. Currently he serves as an Association of India. Kaul commenced his career as an Independent Director on the Boards of several companies. Officer with the General Insurance Corporation of India in 1977. After a year, he was assigned to the National Insurance Other Directorships Company Limited (NICL), where he handled several responsibilities. Name of the Company Position Infrastructure Development Director In 1993, Kaul was seconded to Kenindia Assurance Finance Company Limited Company Limited, Nairobi as Deputy General Manager, Apollo Health Street Limited Director Operations. He returned to NICL in 1999 as Manager of Bajaj Auto Limited
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