The conglomerate ITC Ltd named Sandeep Kaul chief executive of its cigarette business, replacing Hermant Malik, the Economic Times said.
Kaul moves to the cigarette unit from the personal care business at ITC, the newspaper said. Malik will head trade marketing and distribution in the fast-moving consumer goods division. British American Tobacco is a major shareholder in ITC, whose cigarette products include Insignia, India Kings and Lucky Strikes.
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