Deloitte names India American Punit Renjen to be Global CEO

Punit Renjen named Deloitte Global CEO
Punit Renjen named Deloitte Global CEO

Punit Renjen has been appointed as the new chief executive officer of Deloitte Global (Deloitte Touche Tohmatsu), the first India-born senior executive to head one of the Big Four consultancies.  

Renjen is the latest to join a long list of persons of Indian origin to become global CEOs. Others inlcude Indira Nooyi, Satya Nadela and Anshu Jain, who have made to the top posts at PepsiCo, Microsoft and Deutsche Bank, respectively.

Renjen in an e-mail to all global directors and partners wrote “Thank you for the trust you have placed in me and you have my commitment to serve the global network. I will do my best to serve the global network…..” 

Renjen’s History – Renjen’s father was a prominent businessman in Lahore before the partition. The Renjen family moved to Rohtak in Haryana where his father started an electrical switchgear manufacturing unit. Renjen completed his schooling from Lawrence School in Himachal Pradesh and worked in Usha International in New Delhi after his graduation. 

Renjen was on of The Top 25 Consultants ranked by Consulting Magazine in 2007. Others on the list that year included Paul Laudicina of A.T. Kearney, Alan Herrick of Sapient, Kris Pederson of IBM, Tata Consultancy Services, and Romil Bahl of Infosys Consulting.
Renjen is considered a leader in M&As, according to this profile on Bloomberg Business. He has facilitated many major M&As in the last 10 years, “helping clients expand into new markets, create new profit streams, and generate cost reductions and savings synergies”, the profile said.
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