Additional Whole time Director & President of FMCG Businesses, ITC Limited
Mr. B. Sumant (54) has been appointed as an Additional Wholetime Director on the Board of ITC effective 16th November, 2018.
Sumant, who is an alumnus of NIT Durgapur, joined ITC in January 1986 and has handled a wide range of responsibilities across several businesses. He is presently a member of the Corporate Management Committee of the Company.
Prior to his appointment as a Director on the Board of ITC, Sumant was President, FMCG Businesses – Cigarettes, Foods, Personal Care, Education & Stationery Products, Matches and Agarbattis, since April 2016. He spent his first 19 years with ITC in Manufacturing operations of the Tobacco Division and has worked in four production units as well as at Head Office where he was General Manager, Operations. In October 2004, he moved to the Foods Business and set up the Snack Food category under the brand name ‘Bingo!’.
He has led ITC Infotech India Limited, a wholly owned subsidiary of ITC, as its Managing Director from April 2009 to October 2014. He has also been on the Boards of ITC Infotech’s wholly owned subsidiaries in the UK and the USA. He was the Divisional Chief Executive of the Tobacco Division before his elevation as President – FMCG Businesses. He also held additional responsibility of Trade Marketing and Distribution as its Chief Executive since October 2016 for a year. Sumant is presently a member of the CII Eastern Regional Council. He is also a Director on the Board of Surya Nepal Private Limited, a joint venture subsidiary company of ITC in Nepal.