Deloitte Global Gets New Chief Executive

Touche Tohmatsu Limited (Deloitte Global) has appointed Punit Renjen, currently Deloitte U.S. member firm Chairman, as the new Chief Executive Officer. Renjen will assume the new role at the start of Deloitte Global’s fiscal year beginning June 1, 2015.

“It is a privilege to be part of an organisation that develops the most talented professionals into leaders and does its part to improve the societies in which we operate and delivers high quality services and innovative solutions to the best clients.

He added that the organisation is led by a purpose to make positive, meaningful impact that matters to everyone Deloitte touches. “I will do my best to serve the network by helping enable our leaders and people to fulfill their passion to make a difference,” said Renjen.

He succeeds Barry Salzberg, who will retire at the end of the fiscal year- May 31, 2015, and become a member of the full time faculty of Columbia Business School as a professor of professional practice. Salzberg also plans to serve on public company boards.

Renjen’s leadership appointment is part of a rigorous and comprehensive nomination and member firm partner ratification process that occurs every four years and includes all member firms of the Deloitte worldwide network.

He is a recognized leader in Mergers and Acquisitions (M&A), assisting clients through the entire M&A lifecycle. He grew up in India and holds a bachelor’s and master’s degree in management with honors from Willamette University.