ITC Hotels Limited has announced the appointment of Mr. Ramakrishnan Chander as a Non-Executive Director. Approved by members at the 3rd Annual General Meeting on August 6, 2026, he will serve a three-year term. Mr. Chander brings extensive experience from the insurance sector, having served as Managing Director of LIC, and his profile is detailed in the annexure.
Director Appointment Approved
ITC Hotels Limited has officially appointed Mr. Ramakrishnan Chander as a Non-Executive Director. The approval was granted by the company’s members during its 3rd Annual General Meeting held on August 6, 2026. This appointment is effective from the same date and is for a tenure of three years, with Mr. Chander being liable to retire by rotation.
Background and Expertise
Mr. Chander, who holds DIN 11331783, joins the board with a distinguished career, notably as the former Managing Director of Life Insurance Corporation of India (LIC). His professional background includes over 35 years of experience in marketing, administration, and investment management within the insurance sector. He is a Science Graduate and a Fellow Member of the Insurance Institute of India, also holding a Post Graduate Diploma in Financial Management.
His prior senior leadership roles at LIC include Executive Director (Investment – Front Office), Executive Director of LIC’s Strategic Business Unit for International Operations, Chief Investment Officer, Senior Divisional Manager, and Regional Manager (Marketing and Pension & Group Schemes). Mr. Chander also serves as a Non-Executive Director for entities such as LIC Cards Services Limited, LIC Mutual Fund Trustee Private Limited, and LICHFL Care Homes Limited.
The company has confirmed that, to the best of its knowledge, Mr. Chander has not been debarred from holding a director position by any regulatory authority.
Source: BSE