| Yogesh Chander Deveshwar | |
| Birth Date: | 4 February 1947 |
| Birth Place: | Lahore, British India |
| Residence: | Kolkata, India |
| Nationality: | Indian |
| Office: | Chairman and CEO of ITC Limited |
| Term: | 1996–2017 |
| Successor: | Sanjiv Puri |
| Office1: | Chairman and MD of Air India |
| Term1: | 1991–1994 |
| Occupation: | Businessman |
| Alma Mater: | IIT Delhi |
Yogesh Chander Deveshwar (4 February 1947 – 11 May 2019) was an Indian businessman. He was the chairman of ITC Limited. He was the longest-serving CEO of any Indian company.
Yogesh Chander Deveshwar was born on 4 February 1947 in Lahore, British India.[1] He received a bachelor's degree in mechanical engineering from the Indian Institute of Technology, Delhi in 1968.[2] He later attended the six-week Advanced Management Program at Harvard Business School.[2]
Deveshwar joined ITC Limited in 1968. He was appointed a main board director in 1984 and became the CEO and chairman in January 1996.[3] Deveshwar was due to step down as head of ITC in 2010.[4]
He was a director on the central board of the Reserve Bank of India, a member of the National Foundation for Corporate Governance, and a member of the governing body of the National Council of Applied Economic Research.
Deveshwar was India's longest-serving CEO at the time of his death,[5] and earned nearly triple the second-highest salary in his company.[6] In 2011, it was reported that his salary was 26 lakh (2.6 million) rupees per month.[7] In 2013, he was listed as the best performing CEO in India by Harvard Business Review and seventh in the world.[8] [9] He served as the president of the Confederation of Indian Industry in 2005-06.[10] In 2011, Deveshwar received the Padma Bhushan, India's third-highest civilian award.[7]
Deveshwar died on 11 May 2019, and although the immediate cause of death was not announced, it was known that he had been diagnosed with cancer a few years before.[11] [12]