The Confederation of Indian Industry (CII) has a new leadership team for the year 2025-26. Rajiv Memani, the Chairman and CEO of EY India, steps in as the new President, succeeding Sanjiv Puri of ITC Ltd.
Memani is not just a business leader; he serves on the EY Global Executive Board and focuses on growth for emerging markets. He has advised many large Indian firms on mergers, acquisitions, and smart investment strategies. His work has been essential to building trust in the business community.
Memani has a history of contributing to tax and policy reforms in India. He was part of a government task force that drafted a new Direct Tax Code in 2019. Such initiatives highlight the growing role of corporate leaders in shaping public policy.
Also noteworthy is R Mukundan, who has been named President-Designate for 2025-26. As the CEO of Tata Chemicals, Mukundan brings over three decades of experience in various sectors, including chemicals and automotive. He has held several leadership roles within CII, showing his commitment to industry development.
Then there’s Suchitra K. Ella, co-founder of Bharat Biotech. She takes on the Vice President role. Ella is known for her innovation in health science and was recognized with the Padma Bhushan for her contributions. Her leadership in women’s networks and industry forums helps shape a more inclusive future.
These new leaders reflect a trend where experience, innovation, and social responsibility are increasingly valued in corporate governance. A recent survey by McKinsey found that 70% of executives believe company performance is linked to a strong social mission. The engagement of leaders like Memani, Mukundan, and Ella supports this idea, as they focus not only on profit but also on broader societal goals.
In conclusion, the new CII leadership brings a mix of experience and vision. Their collective efforts could significantly impact both the business landscape and society at large, fostering growth and inclusion in India’s economic future.
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