Hemant Malik was appointed as a Wholetime Director on the Board of ITC effective August, 2023. He is also the Divisional Chief Executive of the Foods Business Division of the Company.

After completing his B.A.(Hons.) in Economics from Delhi University and M.B.A. from the Indian Institute of Management, Calcutta, he joined ITC in June,1989 from the campus and has more than 34 years of experience across multiple businesses of ITC including Tobacco, Lifestyle Retailing, Foods and Trade Marketing & Distribution ('TM&D').

Prior to becoming the Divisional Chief Executive of the Foods Business, Mr. Malik was the Chief Executive of the TM&D Vertical. He headed the All-India Tobacco Sales function, where he contributed meaningfully to the development of the FMCG Sales Network. He then assumed charge as the Head of Marketing of the then nascent Foods Business, where he was instrumental in the launch and development of some of the key food brands of ITC including 'Aashirvaad', 'Sunfeast', 'Bingo!', 'YiPPee!' and 'Kitchens of India'.

He was then given the responsibility to set up the new FMCG TM&D Vertical and was made the Chief Operating Officer ('COO') of TM&D. He thereafter took over as the COO of Cigarette Brands and Supply Chain, India Tobacco Division ('ITD'), and was elevated as the Divisional Chief Executive of ITD.