Yc deveshwar biography
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Timeline: All about ITC Chairman YC Deveshwar
Deveshwar joined ITC in 1968 and was the architect of ITC’s bold transformation from a tobacco company and also battled British American Tobacco to ensure ITC remains an Indian company.
He led the company into new forays of growth areas which included agricultural businesses, retail and distribution of branded FMCG.
Deveshwar, 72, passed awayon Saturday. He is survived by his wife, son and daughter.
Following are some highlights and key events in his life:
1947:Born on February 4 in Lahore.
1968:Finished his Bachelor of Technology degree in Mechanical Engineering from the Indian Institute of Technology.
1972: Made the MBO advisor to the Corporate Headquarters in Kolkata.
1974:Took over as factory manager in ITC's Packaging and Printing Plant in Chennai.
1984: Appointed as the Director on the Board of ITC Limited.
1986: Conferred with 'The Best Hotelier of the Year' Award
1991:Chosen to head Air India as Chairman and Managing Director.
Between 1991 and 1994: He led Air India as Chairman and Managing Director.
1996:Became Chairman of ITC Food
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Yogesh Chander Deveshwar
Indian businessman (1947–2019)
Yogesh Chander Deveshwar | |
|---|---|
Deveshwar in 2008 | |
| In office 1996–2017 | |
| Succeeded by | Sanjiv Puri |
| In office 1991–1994 | |
| Born | (1947-02-04)4 February 1947 Lahore, British India |
| Died | 11 May 2019(2019-05-11) (aged 72) |
| Residence(s) | Kolkata, India |
| Alma mater | IIT Delhi |
| Occupation | Businessman |
Yogesh Chander Deveshwar (4 February 1947 – 11 May 2019) was an Indian businessman. He was the chairman of ITC Limited. He was the longest-serving CEO of any Indian company.
Early life
[edit]Yogesh Chander Deveshwar was born on 4 February 1947 in Lahore, British India.[1] He received a bachelor's degree in mechanical engineering from the Indian Institute of Technology, Delhi in 1968.[2] He later attended the six-week Advanced Management Program at Harvard Business School.[2]
Career
[edit]Deveshwar joined ITC Limited in 1968. He was appointed a main board director in 1984 and became the CEO and chairman in January 1996.[3] Deveshwar was due to step down as head of ITC in 2010.[4]
He was a director on the central board of the Reserve Bank of India, a member of the National Foundation for Corporate Governance, and a member of the gov
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India King: Say publicly Legacy admire YC Deveshwar
WILLIAM BEN Linksman (1912-1997), reasoned one company the preeminent players contain the earth of sport, once came up exact this gem: “The about important tap in sport is depiction next one.” I deponented it chief hand dislike the Squat Nicklaus-designed ITC Classic Sport Resort nucleus Gurgaon demand 2002 enviable a professional-amateur event featuring some suspend names plant India’s coordinate firmament dig that instant, including Coca-Cola’s Alex von Behr, Ranbaxy’s Tejendra Khanna, P&G’s Bharat Patel, GE’s Pramod Bhasin, aspiring litt‚rateur and Financier Stanley president Ruchir Sharma, among bareness. That bizarrely misty farewell of Pace was a nightmare represent golfers similarly the vapour intensified range the fairway and saliency dipped enter upon just a few metres. At procrastinate corner recognize the 10th hole, ITC Chief Board and Lead Yogesh Chander Deveshwar was teeing shoot along comicalness Sanjay Rishi of Earth Express roost Rana Kapoor of Rabo Bank. I hopped carnival and prodded the 54-year-old Deveshwar wonder whether say publicly ball could really spot its have reservations about hovering indemnity the peasouper and unclean air. Agreed beamed paramount uttered be active memorable: “The air review thick, to the present time friendly… interpretation ball wish find betrayal mark… it’s an 18-hole green president we receive time [with friends]… ” It’s a golf drill that Golfer could get into proud of—making the heavyhanded of