FMCG major ITC Ltd has appointed Sumant Bhargavan (B Sumant) as a wholetime director of the company with effect from November 16.
Sumant is the President, FMCG Business — cigarettes, foods, personal care, education and stationery, matches and agarbattis since April 2016. He was moved to the foods division in October 2004 to set up the snack food category under the brand ‘Bingo!’. Following that he became the MD of ITC Infotech. He was the Divisional Chief Executive of the tobacco division before being elevated as President-FMCG business.
“The board of directors at the meeting held today appointed Sumant Bhargavan as an additional director and subject to the approval of the shareholders, also as a wholetime director with effect from November 16,” the notification to the bourses said.
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