On 3rd June 2020, The Confederation of Indian Industry(CII) announced its new office bearers for 2020-2021. Uday Kotak, Managing Director and CEO of Kotak Mahindra Bank succeeds Vikram Kirloskar, Chairman and Managing Director of Kirloskar System and vice chairman of Toyota Kirloskar Motor as the new President of CII.
Key Points:
i.Uday Kotak, was serving as the chairman of CII Economic Affairs Council, Financial Sector Development Council, Service Council, Capital Markets Committee and Financial Service Committee.
ii.He was the President designated for the last two years (2018-2020).
iii.Sanjiv Bajaj, Chairman and Managing Director of Bajaj Finserv is elected as the Vice President of CII.
iv.TV Narendran, CEO and Managing Director of TATA Steel Limited became the President Designated of CII
About CII:
President- Uday Kotak
Vice President- Sanjiv Bajaj
President Designated- TV Narendran
Established- 1895
Headquarters- New Delhi
