International Chamber of Commerce (ICC) on Thursday said it has elected founder and chairman of Bharti Enterprises, Sunil Bharti Mittal, as its chairman in a voting held in Sao Paolo, Brazil. He is the third Indian business leader to hold this position in ICC's near 100 years history.
Founded in 1919, ICC is the world's largest business organisation, which represents the private-sector's views to national governments and intergovernmental bodies around the world.
Sunil Bharti Mittal takes over from Terry McGraw, Chairman Emeritus of S&P Global, who will subsequently become ICC's Honorary Chairman.
"I am honoured at being given the opportunity to lead this prestigious global institution and look forward to working with our members to ensure that we continue to play a constructive role as the voice of global business in formulation of economic and trade policies to support inclusive growth," said Mittal. "The global economy is facing unprecedented headwinds to growth and there is an urgent need to restore trade and investment as a driver of growth and jobs, particularly in the developing world and this will be the central focus of my tenure."
Mittal also serves as the Chair of the World Economic Forum’s (WEF) Telecommunications Steering Committee, Member of International Business Council-WEF, GSMA Board, Telecom Board of International Telecommunication Union (ITU), Commissioner of the Broadband Commission, International Advisory Panel of the Monetary Authority of Singapore as well as the Prime Minister of Singapore's Research, Innovation and Enterprise Council. While he is closely associated with spearheading the Indian industry's global trade, collaboration and policy as a member of the India-US, India-UK and India-Japan CEO Forums, he is co-chair of the India-Africa Business Council and India-Sri Lanka CEO Forum.