ITC's Sanjeev Puri takes over as CII chairman for 2024-25

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ITC Ltd Chairman and Managing Director Sanjeev Puri has assumed the post of CII Chairman for 2024-25, succeeding R Dinesh, Chairman, TVS Supply Chain Solutions.

An Overview of the News

• The Confederation of Indian Industry (CII) held a meeting on May 19, 2024, to elect new office bearers for the year 2024-25.

About Sanjeev Puri:

• Sanjeev Puri holds several key positions within ITC Limited, including Chairman of ITC Infotech India Limited and its subsidiaries in the UK and USA, as well as Surya Nepal Pvt. Ltd.

• Under his leadership, ITC has launched the 'ITC Next' vision, which aims to transform the group into a future-tech, climate-positive, innovative and inclusive enterprise.

• Sanjeev Puri has been honored with several awards, including the 'Best CEO Award' by Business Today in 2024 and the 'Transformational Leader Award 2022-23' by the Asian Center for Corporate Governance and Sustainability.

Rajeev Memani appointed as Chairman Designate of CII

• He serves as Chairman of the India Region of Ernst & Young (EY) and is a member of EY's global management body, leading the Global Emerging Markets Committee.

• Rajeev Memani is recognized as a trusted advisor to large Indian companies, private equity funds and multinational organizations, providing guidance on various aspects such as trust building, mergers and acquisitions, technology and smart capital allocation strategies.

R Mukundan appointed as CII Vice Chairman

• He is the Managing Director and CEO of Tata Chemicals Limited and holds the status of a distinguished alumnus from IIT Roorkee and Harvard Business School.

• With 33 years of experience within the Tata Group, R Mukundan has held various leadership positions in the chemicals, automotive and hospitality sectors, and has made significant contributions to the industry. He actively participates in industry forums and impact organizations.

About CII

• The Confederation of Indian Industry (CII) is a prominent business lobby group in India, established in 1895 as the Engineering and Iron Trades Association in Bengal.

• It was known as the Confederation of Engineering Industry (CEI) until 1992 when it adopted its current name.

• CII is headquartered in New Delhi and advocates for business-friendly policies by engaging with the government.

• Other key business lobby groups in India include ASSOCHAM, FICCI, and NASSCOM.

• ASSOCHAM's President is Sanjay Nayar, FICCI's President for 2023-2024 is Dr. Anish Shah, and NASSCOM's President since 2018 is Debjani Gosh.