ITC Limited announced that the Members of the Company have approved the appointment of Mr. Rahul Jain as a Non-Executive Director of the Company for a period of three years with effect from 1st January, 2024, representing the Specified Undertaking of the Unit Trust of India. Mr. Rahul Jain (43), an IAS Officer, is also a Chartered Accountant and holds Masters Degree in Commerce from the University of Pune. Mr. Jain is the Joint Secretary in the Department of Investment and Public Asset Management, Ministry of Finance, Government of India.

Prior to this, he was serving as Private Secretary to the Minister of State (Independent Charge) for Tourism and Culture, Government of India. Mr. Jain joined the Indian Administrative Service in 2005 (Madhya Pradesh cadre). In a career spanning over 18 years, he has served as District Collector and Director, MP Town and Country Planning Department, and has extensive experience in the field of rural and urban development, urban planning, tourism promotion, revenue administration, handling law and order, disaster management, regulatory matters in administration and conducting elections while working in five districts of Madhya Pradesh.

Presently, Mr. Jain is a Government nominee on the Board of Advisors of the Specified Undertaking of the Unit Trust of India and a Director of National Financial Holdings Company Limited. He has also been on the Boards of Rewa City Transport Services Limited, Bhopal Smart City Development Corporation Limited, and Indore Smart City Development Limited, amongst others.