Indian-American Punit Renjen on Friday introduced that he would retire as Deloitte Global CEO on December 31 and would get replaced by Joe Ucuzoglu.
“It has truly been an honour and privilege to lead Deloitte over the past several years,” stated Mr. Renjen.
As Deloitte Global CEO since 2015, Mr. Renjen developed and executed a worldwide technique that resulted in Deloitte income rising from $35 billion to greater than $59 billion in simply seven years.
“More important than any commercial outcome, I am proud of the incredible societal impact we have been able to make as a purpose-driven enterprise. And I am looking forward to some exciting endeavours, including dedicating time to several societal causes about which I am deeply passionate, including sustainability and climate,” Mr. Renjen stated.
Under Mr. Renjen’s management, Deloitte launched WorldClass—a worldwide effort to arrange 100 million underprivileged individuals for a world of alternative—based mostly on the assumption that when society thrives, enterprise thrives.
Mr. Renjen additionally spearheaded Deloitte’s World Climate initiative, which incorporates near-term (2030) greenhouse gasoline discount objectives, which have been validated by the Science Based Targets initiative (SBTi) as 1.5°C-aligned, science-based targets.
“The Deloitte Global Board and I want to thank Punit for leading Deloitte to extraordinary growth and meaningful societal impact, and for his decades of commitment to the organisation,” stated Sharon Thorne, Deloitte Global Board Chair.
Speaking of his successor, Mr. Renjen stated, “Joe is an exceptional leader. We have worked together side by side for many years, and I believe he is an excellent choice to serve as the next Deloitte Global CEO”.
“He has been a member of the Deloitte Global Executive team for the last several years, and I am confident that, under his leadership, Deloitte will continue to deliver outstanding results for our people, clients, and the communities in which we live and work.”
Mr. Ucuzoglu stated he believes deeply in Deloitte’s duty to steer via the unprecedented tempo of change the world is experiencing, and to satisfy the quickly increasing wants of our stakeholders. “I need to thank Punit for his glorious management of Deloitte,” he stated.
Source: www.thehindu.com