'INDIA SHOULD BE A HUB FOR RESILIENT SUPPLY CHAINS'

Punit Renjen, CEO Emeritus of Deloitte, shares his views on the India growth story, climate change and mental health

- UDAYAN MUKHERJEE

Punit Renjen, who grew up in Haryana’s Rohtak, has touched the pinnacle of corporate success since he moved to the US some 40 years ago. The CEO Emeritus of Deloitte—who took the consulting giant to the top of the heap of the Big Four as Global CEO and stepped away from the post on December 31—hasn’t forgotten his roots; he still maintains a strong connection with Rohtak. In an interview with Business Today’s Global Business Editor Udayan Mukherjee, Renjen talks about the future of Deloitte, the wealth gap, mental health, climate change and the India story. Edited excerpts: 

Q: You recently stepped away from your role as Global CEO of Deloitte to continue as CEO Emeritus. Do you feel confident of having armed Deloitte with the tools to maintain its position at the top of the Big Four?

A: It has been quite a journey in an entire partnership spreading across 400,000 professionals to get us to the top of the heap. The credit really belongs to the partnership and to our professionals. It is wonderful to be the No. 1 professional services firm in the world. And as you rightly said, it takes tremendous effort to get to that point, and it takes additional effort to stay at that point. I believe that Deloitte is positioned extremely well. The strategy that we have implemented is still valid and we need to keep executing that. We cannot take our eye off the ball. This is a highly competitive space, and we have to continue to execute. There are no guarantees.