Mr. Yogesh Chander Deveshwar
Award Year: 1996 | Degree Year: 1968
Mr. Yogesh Chander Deveshwar was born on 4th February 1947. He received his Bachelor of Technology Degree in Mechanical Engineering from the Indian Institute of Technology, Delhi in 1968. He obtained AMP Diploma from Harvard Business School, USA, and also took Advanced Training in Hoteliering and Services at Cornell University, USA.
Mr. Deveshwar joined Indian Tobacco Company in 1968 as a Management pupil and in 1972 was appointed MBO Adviser to Corporate Headquarters in Calcutta. In 1974, he took over as Factory Manager in ITC’s Packaging and Printing Plant in Madras and was appointed General Manager of ITC’s Packaging and Printing Division in 1978. He joined the Company’s Board in 1984, taking charge of the Welcomgroup (Hotel Division) as its Chairman. He pioneered the first private sector Degree Institute of Hotel Management – the Welcomgroup School of Hotel Administration, Manipal – and received the Hotelier of the Year Award in 1986 for his outstanding contribution to this Industry. In 1991 he took over as Chairman of ITC’s Indian Tobacco Division and Indian Leaf Tobacco Development Division.
In November 1991 he headed Air India on lien from ITC Ltd. as Chairman and Managing Director. In 1994 Mr. Deveshwar rejoined ITC and was appointed whole-time Director and Vice Chairman of the Company. He took over as Chairman of ITC in January 1996. He received the Marketing Man of the Year Award in 1994.
Mr. Deveshwar is the Chairman of some of the ITC Group Companies—ITC Hotels Ltd., Bhadrachalam Paperboards Ltd., and ITC Agro-Tech Ltd. He is a Director on the Board of a number of Companies. He is also a member of the National Council of Confederation of Indian Industry and a member of the Board of Governors, IIT Kharagpur and was the Vice President of the Indian Chamber of Commerce.
In honoring Mr. Deveshwar, we recognize the outstanding contributions made by an alumnus of IIT Delhi as a corporate leader who has earned recognition and through achievement brought glory to the name of the Institute.
