Deloitte Global CEO Punit Renjen Retires

India-West News Desk

NEW YORK, NY- The selection of Joe Ucuzoglu as Deloitte Global CEO was announced by the company to replace Punit Renjen, who served in that office since 2015. Upon retirement, Renjen will become Global CEO Emeritus.

As CEO, Renjen developed and executed a global strategy that resulted in Deloitte revenue growing from $35 billion to more than $59 billion in just seven years, the company said in a press release.

Under the Indian American’s leadership, Deloitte launched World-class—a global effort to prepare 100 million underprivileged people for a world of opportunity—based on the belief that when society thrives, business thrives. He also spearheaded Deloitte’s World Climate initiative, which includes near-term (2030) greenhouse gas reduction goals which have been validated by the Science Based Targets initiative (SBTi) as 1.5°C-aligned, science-based targets, the release added.

“The Deloitte Global Board and I want to thank Punit for leading Deloitte to extraordinary growth and meaningful societal impact, and for his decades of commitment to the organization,” said Sharon Thorne, Deloitte Global Board Chair.

“It has truly been an honor and privilege to lead Deloitte over the past several years,” said Renjen. “More important than any commercial outcome, I am proud of the incredible societal impact we have been able to make as a purpose-driven enterprise. And I am looking forward to some exciting endeavors, including dedicating time to several societal causes about which I am deeply passionate, including sustainability and climate.”