The Deloitte Touche Tohmatsu Limited or Deloitte Global operates in 150 countries with more than 415,000 professionals and an annual revenue of $59.3 billion
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Indian American Punit Renjen, who has served as the Global CEO of Deloitte, a leading international professional services network, since 2015 is retiring. Upon retirement on December 31, Renjen will become Global CEO Emeritus.
He will be succeeded by Joe Ucuzoglu, who has been the CEO of Deloitte US since 2019, after member firm partner ratification process this month, according to a company press release.
The Deloitte Touche Tohmatsu Limited or Deloitte Global operates in 150 countries with more than 415,000 professionals and an annual revenue of $59.3 billion.
As Deloitte Global 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 release said.
Under Renjen’s leadership, Deloitte launched WorldClass—a global effort to prepare 100 million underprivileged people for a world of opportunity—based on the belief that when society thrives, business thrives.
Renjen grew up in India and came to the United States at 18 on a Rotary Foundation scholarship to attend Willamette University. That changed his life. In 2015, he became CEO of Deloitte Global, the first Asian-born person to lead one of the world’s biggest professional services firms
Renjen also spearheaded Deloitte’s WorldClimate 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 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 honour 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,” he added.
Renjen grew up in India and came to the United States at 18 on a Rotary Foundation scholarship to attend Willamette University. That changed his life. In 2015, he became CEO of Deloitte Global, the first Asian-born person to lead one of the world’s biggest professional services firms.
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