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The Confederation of Indian Industry (CII) on Wednesday announced that Uday Kotak, MD and CEO, Kotak Mahindra Bank, has assumed office as President of CII for 2020-21.
He takes over from Vikram Kirloskar, CMD of Kirloskar Systems Ltd and Vice- Chairman of Toyota Kirloskar Motor.
Sanjiv Bajaj, CMD of Bajaj Finserv, has taken over as CII Vice-President for 2020-21.
Kotak has been associated with CII for over two decades, serving the organisation in many capacities. He has been the Chairman of CII Economic Affairs Council, Financial Sector Development Council, Services Council, Corporate Governance Council, Banking Committee, Capital Markets Committee and Financial Services Committee in the past. He was also the President-Designate for the last two years, said a CII release.
TV Narendran, MD and CEO, Tata Steel Ltd, has been named President-Designate of CII for 2020-21.
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