Indian-American Punit Renjen Declares Retirement As Deloitte CEO


Indian-American Punit Renjen on Friday mentioned that he would retire as Deloitte World Chief Government Officer on Dec. 31 and would get replaced by Joe Ucuzoglu.

‘It has really been an honour and privilege to steer Deloitte over the previous a number of years,’ mentioned Renjen.

As Deloitte World CEO since 2015, Renjen developed and executed a world technique that resulted in Deloitte income rising from $35 billion to greater than $59 billion in simply seven years.

‘Extra essential than any business end result, I’m happy with the unimaginable societal impression now we have been capable of make as a purpose-driven enterprise. And I’m trying ahead to some thrilling endeavours, together with dedicating time to a number of societal causes about which I’m deeply passionate, together with sustainability and local weather,’ Renjen mentioned.

Below Renjen’s management, Deloitte launched WorldClass—a world effort to organize 100 million underprivileged individuals for a world of alternative—based mostly on the assumption that when society thrives, enterprise thrives.

Renjen additionally spearheaded Deloitte’s World Local weather initiative, which incorporates near-term (2030) greenhouse fuel discount targets, which have been validated by the Science Primarily based Targets initiative as 1.5°C-aligned, science-based targets.

‘The Deloitte World Board and I need to thank Punit for main Deloitte to extraordinary development and significant societal impression, and for his a long time of dedication to the organisation,’ mentioned Sharon Thorne, Deloitte World Board Chair.

Talking of his successor, Renjen mentioned, ‘Joe is an distinctive chief. We now have labored collectively facet by facet for a few years, and I consider he is a superb option to function the following Deloitte World CEO.”

“He has been a member of the Deloitte World Government workforce for the final a number of years, and I’m assured that, underneath his management, Deloitte will proceed to ship excellent outcomes for our individuals, shoppers, and the communities wherein we reside and work.’

Ucuzoglu mentioned he believes deeply in Deloitte’s accountability to steer by means of 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 wonderful management of Deloitte,’ he mentioned.

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