Punit Renjen (born 1961) is an

Indian-American Indian Americans or Indo-Americans are citizens of the United States with ancestry from India. The United States Census Bureau uses the term Asian Indian to avoid confusion with Native Americans, who have also historically been referred t ...

businessman who has been

chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...

of the multinational professional services firm

Deloitte Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of professio ...

since June 1, 2015. Previously, Renjen was chairman and CEO of Deloitte Consulting LLP, and later, held the role of chairman of Deloitte LLP (United States) from 2011 to 2015. Effective December 31, 2022, Renjen will become Global CEO Emeritus of Deloitte. Renjen was raised in

Rohtak Rohtak () is a city and the administrative headquarters of the Rohtak district in the Indian state of Haryana. It lies north-west of New Delhi and south of the state capital Chandigarh on NH 9(old NH 10). Rohtak forms a part of the National ...

North India North India is a loosely defined region consisting of the northern part of India. The dominant geographical features of North India are the Indo-Gangetic Plain and the Himalayas, which demarcate the region from the Tibetan Plateau and Cen ...

in the state of Haryana. After earning an MBA in management from Oregon's

Willamette University Willamette University is a private liberal arts college with locations in Salem and Portland, Oregon. Founded in 1842, it is the oldest college in the Western United States. Originally named the Oregon Institute, the school was an unaffiliated ...

, he was hired by Touche Ross, which merged into Deloitte in 1989. He has worked at Deloitte and lived in the US ever since. Renjen is on the ''

Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

''s Council of CEOs and has been on the boards of directors at Catlin Gabel School, United Way Worldwide, the U.S.-India Business Council, and his alma mater. He lives in

Portland, Oregon Portland (, ) is a port city in the Pacific Northwest and the largest city in the U.S. state of Oregon. Situated at the confluence of the Willamette and Columbia rivers, Portland is the county seat of Multnomah County, the most populous ...

Early life and education

Renjen grew up in

, a city in

Haryana Haryana (; ) is an Indian state located in the northern part of the country. It was carved out of the former state of East Punjab on 1 Nov 1966 on a linguistic basis. It is ranked 21st in terms of area, with less than 1.4% () of India's land ...

's Rohtak district, in India, where his father had established an electrical switchgear factory. Around age seven, Renjen was sent to

The Lawrence School, Sanawar The Lawrence School, Sanawar, is the oldest Co-Ed boarding school in the world near Solan city. Established in 1847, its history, influence, and wealth have made it one of the most prestigious and oldest schools in Asia. It is located in the ...

, an autonomous public

co-educational Mixed-sex education, also known as mixed-gender education, co-education, or coeducation (abbreviated to co-ed or coed), is a system of education where males and females are educated together. Whereas single-sex education was more common up to t ...

boarding school A boarding school is a school where pupils live within premises while being given formal instruction. The word "boarding" is used in the sense of " room and board", i.e. lodging and meals. As they have existed for many centuries, and now exte ...

near

Shimla Shimla (; ; also known as Simla, the official name until 1972) is the capital and the largest city of the northern Indian state of Himachal Pradesh. In 1864, Shimla was declared as the summer capital of British India. After independence, ...

, because his parents were seeking a better education for him than he was receiving in Rohtak. When Renjen was approximately fourteen years old, his father's business encountered financial difficulty, and the family's inability to continue paying for boarding school forced Renjen to return to Rohtak and work at the family factory part time. Renjen attended a local college, where he earned his Bachelor's degree in economics. After graduating, Renjen worked for the

Delhi Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders w ...

-based

home appliance A home appliance, also referred to as a domestic appliance, an electric appliance or a household appliance, is a machine which assists in household functions such as cooking, cleaning and food preservation. Appliances are divided into three ...

company Usha International. In 1984, he earned a Rotary Foundation Scholarship, affording him airfare to the United States and a full scholarship to

Salem, Oregon Salem ( ) is the capital of the U.S. state of Oregon, and the county seat of Marion County. It is located in the center of the Willamette Valley alongside the Willamette River, which runs north through the city. The river forms the boundary bet ...

. He earned his Master of Management from Willamette's Atkinson Graduate School of Management in 1986, and has lived in the United States ever since.

Career

After graduating from Willamette, Renjen began interviewing at American firms. In the late 1980s, a partner at Touche Ross invited him to interview with the company after reading on a flight a local magazine that profiled Renjen and nine other students. He was initially hired as an associate consultant and has worked at Deloitte for 32 years since that time. His work at Deloitte has included advising multinational companies on divestitures, mergers and acquisitions, operations, post-merger integration, and strategy. Renjen later served as chairman and CEO of Deloitte Consulting LLP, which is a United States member firm, then as chairman of Deloitte LLP (United States) for four years beginning in June 2011. Renjen currently serves as the CEO of Deloitte Touche Tohmatsu Limited (Deloitte Global). The company announced Renjen's confirmation on February 16, 2015, following an election and nearly unanimous ratification by thousands of Deloitte's partners. When Renjen's four-year term as CEO began on June 1, 2015, he became the first Asia-born person to head one of the Big Four global professional services firms. In June 2019, he was elected to a second, four-year term as Deloitte Global CEO. During that time, Deloitte announced that their fiscal year numbers for 2021 reached $50.2 billion and their workforce expanded to 345,000, making them the first big 4 firm to clear $50 billion in global revenue. In February 2018, Punit launched World''Class,'' Deloitte’s global initiative designed to advance education and skills for communities at risk. In 2019, the program was launched in

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countries and dependencies by population, second-most populous ...

with the goal of supporting 10 million girls and women by 2030 there through education and skills development. In May 2021, the

government and Deloitte launched a

COVID-19 Coronavirus disease 2019 (COVID-19) is a contagious disease caused by a virus, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first known case was identified in Wuhan, China, in December 2019. The disease quick ...

project called Senjeevani Pariyojana to treat patients with mild to moderate COVID-19 symptoms in their homes. Renjen led the design of the program which is being supported by the Public Health Foundation of India and the Post Graduate Institute of Medical Science.

Other roles

In addition to serving on Deloitte Global's boards of directors as part of his current role, Renjen is a member of The ''Wall Street Journal'' CEO Council, United Way Worldwide, the U.S.-India Business Council, and the

Business Roundtable The Business Roundtable (BRT) is a nonprofit lobbyist association based in Washington, D.C. whose members are chief executive officers of major United States companies. Unlike the U.S. Chamber of Commerce, whose members are entire businesses, B ...

. He also serves as a member of the boards of trustees at Catlin Gabel School,

United States Council for International Business The United States Council for International Business (USCIB) is an independent business advocacy group that was founded in 1945 to promote free trade and help represent U.S. business in the then-new United Nations. One of its primary goals is expand ...

and Willamette University. In 2015, the Association to Advance Collegiate Schools of Business International (AACSB) included Renjen on their inaugural "Influential Leaders" list, which recognizes "100 AACSB-member-school alumni who inspire others with their professional and volunteer work". He has co-authored articles for ''

Chief Executive A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

'' and ''The Journal of Business Strategy'', and has been featured in interviews with ''

Bloomberg Businessweek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...

'', ''Consulting'', ''

Investor's Business Daily ''Investor's Business Daily'' (''IBD'') is an American newspaper and website covering the stock market, international business, finance and economics. Founded in 1984 by William O'Neil as a print news publication, it is owned by News Corp and is ...

'', and ''

The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

''.

Awards and honors

In 2007, Renjen was listed as one of ''Consulting'' magazine's "Top 25 Most Influential Consultants". In 2012, 2013, and 2014, he was named an honoree to the

National Association of Corporate Directors The National Association of Corporate Directors (NACD) is an independent, not-for-profit, section 501(c)(3) founded in 1977 and headquartered in Arlington, Virginia. NACD's membership includes the entire boards of 1,700+ corporations as well as ...

(NACD) "Directorship 100". In 2015, the Association to Advance Collegiate Schools of Business International (AACSB) included Renjen on their inaugural "Influential Leaders" list, which recognizes "100 AACSB-member-school alumni who inspire others with their professional and volunteer work". In 2017, he was honored with the "Gaurav Samman" by the Government of

. The award was given to people of Haryanvi origin residing outside of Haryana who have made significant contributions in various fields. In May 2019, he received an honorary degree from

. Renjen received the 2020 Oregon History Makers Medal in the category of "Visionary Business Leader." Also in 2020, he was named one of the EMpower Top 100 Ethnic Minority Executive Role Models, an honor given to recognize senior executives of color who are removing barriers to success for other ethnic minority employees and are leading by example. The Indiaspora Business Leaders List recognized Renjen as one of over 50 executives from the

Indian diaspora Overseas Indians (IAST: ), officially Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) are Indians who live outside of the Republic of India. According to the Government of India, ''Non-Resident Indians'' are citizens of Indi ...

of top-tier international corporations in 2020. In 2021, the US-India Strategic Partnership Forum (USISPF) recognized Punit with the USISPF Global Achievement Award in honor of his corporate leadership in fighting

Covid-19 Coronavirus disease 2019 (COVID-19) is a contagious disease caused by a virus, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first known case was identified in Wuhan, China, in December 2019. The disease quick ...

during India's second wave. In 2022, Punit was recognized by ''

The Economic Times ''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language bu ...

'' as "Global Indian of the Year."

Personal life

Renjen lives in

. He is a sports fan, with a particular affinity for

cricket Cricket is a bat-and-ball game played between two teams of eleven players on a field at the centre of which is a pitch with a wicket at each end, each comprising two bails balanced on three stumps. The batting side scores runs by st ...

and

American football American football (referred to simply as football in the United States and Canada), also known as gridiron, is a team sport played by two teams of eleven players on a rectangular field with goalposts at each end. The offense, the team wi ...

, and a runner. He is married to Heather Renjen and has a son.

References

External links

* * * * {{DEFAULTSORT:Renjen, Punit Living people American people of Indian descent Lawrence School, Sanawar alumni 1961 births 20th-century American businesspeople 21st-century American businesspeople American business executives Businesspeople from Portland, Oregon People from Rohtak Willamette University alumni Businesspeople from Haryana