ITC Limited
Sustainability Report 2013
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Governance, Commitments And Engagements

Effective management of multiple businesses through a three-tiered governance structure

Clearly defined roles and responsibilities

Robust and comprehensive framework of strategic planning and performance management

Building an institution of tomorrow

Our Corporate Governance processes are designed to support effective management of multiple businesses while retaining focus on each one of them. The practice of Corporate Governance at ITC takes place at three interlinked levels:

Strategic supervision by the Board of Directors (Board)
Strategic management by the Corporate Management Committee (CMC)
Executive management by the Divisional/Strategic Business Unit (SBU) Chief Executive assisted by the respective Divisional/SBU Management Committee (DMC)

The role, powers and composition of the Board, Board Committees, CMC and DMC are available on the Company’s corporate website.

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