Hemant Malik (57) was appointed as a Wholetime Director on the Board of ITC effective August 12, 2023. He is in charge of the Foods Business Division of the Company. He completed his B.A. from Delhi University and M.B.A. from the Indian Institute of Management, Calcutta. He joined ITC in 1989 and has more than 33 years of experience.
Prior to becoming the Divisional Chief Executive of the Foods Business Division in October 2016, Malik headed the Trade Marketing & Distribution ('TM&D') Vertical. He has worked across multiple businesses including Tobacco, Lifestyle Retailing and Packaged Foods. He headed the all India Tobacco Sales function in 2001, where he contributed meaningfully to the development of the FMCG Sales Network. He assumed charge as Head of Marketing of the Foods Business in 2002. He became the Chief Operating Officer ('COO') of TM&D in 2008, where he was mandated to set up the new FMCG distribution highway. Taking over as the COO of Cigarette Brands and Supply Chain, India Tobacco Division ('ITD'), in 2012, he was elevated as the Divisional Chief Executive of ITD in 2015.
Malik is the Chairman of the Food Processing Committee of FICCI and was a Member of the CII FMCG Committee. He does not hold directorship of any other company.