ITC Strengthens Board: Amitabh Kant Joins, Hemant Malik's Term Extended

• FMCG major ITC Ltd appointed Amitabh Kant as Director and Independent Director for a five-year term, effective January 1, 2026.
• Hemant Malik was re-appointed as Director and Whole-time Director for a further two-year term, beginning August 12, 2026.
• Amitabh Kant, a retired IAS officer, brings over four decades of administrative experience, including serving as India’s G20 Sherpa and NITI Aayog CEO.
• Malik, with over 35 years at ITC, currently leads the Foods Business Division and Personal Care, credited with launching major brands like Aashirvaad and Sunfeast.

Why It Matters: ITC bolsters its leadership with the appointment of Amitabh Kant and the re-appointment of Hemant Malik.