Mr. Ashish Thakar (58) has been appointed as the Chief Financial Officer (CFO) of the Company in December 2024. He is, inter alia, responsible for Finance, Accounting, Procurement, Internal Audit & IT Functions, and also for two Subsidiaries of the Company.

A qualified Chartered Accountant, Mr. Thakar joined ITC in June 1992, after completing his Masters in Business Administration. In a career spanning over three decades at ITC, he has held various senior roles in the finance function, both at Business level and at the Corporate office. Before becoming the CFO of the Company, he was the Executive Vice President at ITC’s Hotels Division and was responsible for Finance, Information Technology and Procurement functions. Prior to this role he served as the Vice President at ITC’s Foods Division where he was responsible for Finance and Commercial Operations of multiple Food Categories.

In his previous Corporate roles he has handled Business Strategy, Corporate Planning, M&A, Investments and large scale Technology System transitions. In Business roles he has led various aspects of Finance operations including Controllership, Treasury, Accounting, Procurement, and Information Technology.

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