Punit became Deloitte Global CEO in June 2015 and was re-elected in 2019. On December 31, 2022, he retired from Deloitte and became Global CEO Emeritus. Deloitte operates in 150 countries, with more than 415,000 professionals and 2022 revenues of $59.3 billion. Punit was also a member of the Deloitte Global Board of Directors.

As CEO, Punit developed and executed a global strategy that resulted in Deloitte revenues growing from $35 billion to more than $59 billion in just seven years. Today, Deloitte is the leading professional services organization in the world, recognized as the strongest and most valuable commercial services brand and one of the world’s best places to work. During his tenure, Deloitte has led its competitors in growth and impact, becoming the largest of the Big Four while also the leader in audit quality.

Under Punit’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. Recently Deloitte made a commitment to be net zero by 2030 under its WorldClimate initiative and joined the First Movers Coalition. Punit is deeply committed to advancing diversity and inclusion at Deloitte through measurable actions toward gender balance.

Prior to his current role, Punit served as the chairman of Deloitte LLP (Deloitte US) from 2011–2015. He also served as CEO of Deloitte Consulting LLP from 2009 to 2011.

Over the course of his career, Punit has been recognized by numerous organizations for his leadership, business acumen and commitment to societal impact. In 2022, Punit was recognized by the Economic Times as “Global Indian of the Year” and the Carnegie Corporation of America as one of 34 “Great Immigrants. Great Americans.” In 2021, the US-India Strategic Partnership Forum recognized Punit with its Global Achievement Award. In 2020, Punit was awarded the Oregon History Makers Medal in recognition of his business leadership. Additionally, he was named by EMPower to their list of Top 100 Ethnic Minority Executive Role Models 2020 and the Indiaspora Business Leaders List recognized Punit as one of over 50 executives from the Indian diaspora. Previously, he has been awarded the NACD Directorship 100 award, the Haryana Gaurav Samman and picked as one of the top 25 consultants.

Outside of Deloitte, he is a member of the Business Roundtable, the International Business Council of the World Economic Forum (WEF), and the WEF Alliance of CEO Climate Leaders. In 2022 Punit was appointed as a member of the US-India CEO Forum (an initiative of the US Department of Commerce) to deepen bilateral relationships between the two nations and appointed to the Council for Inclusive Capitalism steering committee. Previously, he served as the chairman of the United Way Worldwide.

Punit was born and raised in India. He moved to the United States on a Rotary Foundation scholarship to attend Willamette University. He has served on the Willamette University board of trustees. Willamette University awarded him an honorary doctorate in 2019 and cited him as a distinguished alumni. He is married and has a son.