Dr. Alok Pande To Step Down As ITC Director, Navin Agarwal Set To Replace Him

Dr. Alok Pande, Non-Executive Director representing the Specified Undertaking of the Unit Trust of India (SUUTI), has resigned from the Board of Directors of ITC Limited with effect from April 1, 2026. Navin Agarwal has been appointed as a Non-Executive Director on the Board of the company, representing SUUTI, with effect from the same date.

Pande is a senior civil servant and currently serves as Additional Secretary in the Department of Investment and Public Asset Management, Ministry of Finance. Pande holds a bachelor’s degree in mechanical engineering from Motilal Nehru National Institute of Technology, Allahabad, and a Fellow Programme in Management from IIM Bangalore, with a focus on capital markets. A 1994 batch officer of the Indian Postal Service, he has over 30 years of experience and has held senior roles across the Government of India, including Joint Secretary at DIPAM and Director in the Department of Financial Services.

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