Rajiv Memani New CII President FY 2025-26 Leadership and Economic Impact

Rajiv Memani Assumes Presidency of Confederation of Indian Industry (CII) for FY 2025-26

Leadership Transition at CII

On June 1, 2025, Rajiv Memani, Chairman and CEO of EY India, was appointed as the President of the Confederation of Indian Industry (CII) for the fiscal year 2025-26. He succeeds Sanjiv Puri, Chairman and Managing Director of ITC Ltd. The announcement was made during the first meeting of the newly constituted CII National Council.

Professional Background of Rajiv Memani

Rajiv Memani is a seasoned professional with extensive experience in the corporate sector. He is a member of the EY Global Executive Board and chairs its Growth Markets Council. Memani has been instrumental in establishing EY India’s market-leading Corporate Finance practice, now known as Strategy and Transactions. His educational background includes a Bachelor of Commerce degree from Shri Ram College of Commerce, Delhi University, and he is a qualified Chartered Accountant.

Other Key Appointments in CII

Alongside Memani’s appointment, R Mukundan, Managing Director and CEO of Tata Chemicals Ltd, has been named President-Designate of CII for 2025-26. Mukundan began his career with the Tata Administrative Service in 1990 and holds an MBA from FMS, Delhi University. Suchitra K Ella, Co-founder and Managing Director of Bharat Biotech International Ltd, has been appointed as the Vice President of CII. Ella played a pivotal role in founding Bharat Biotech in 1996 and has been recognized with the Padma Bhushan award in 2022 for her contributions to the industry.

Why This News is Important

Significance for Government Exam Aspirants

For students preparing for government exams, especially those focusing on current affairs, this leadership change in CII is noteworthy. Understanding the dynamics of major industry bodies like CII and their leadership can provide insights into India’s economic and industrial strategies, which are often topics in competitive examinations.

Implications for Economic Policy and Industry

The appointment of Rajiv Memani as CII President comes at a time when India is engaged in negotiations for bilateral trade agreements, including with the United States. Memani’s leadership is expected to influence policy dialogues and industry contributions to these significant economic discussions.

Historical Context

Overview of the Confederation of Indian Industry (CII)

Established in 1895, the Confederation of Indian Industry (CII) is a premier business association in India. It works to create and sustain an environment conducive to the growth of industry in the country, partnering with industry and government alike through advisory and consultative processes. CII has been instrumental in shaping India’s economic policies and promoting industry-led growth.

Rajiv Memani’s Previous Roles

Before assuming the presidency of CII, Rajiv Memani served as the President-Designate for 2024-25 and Vice President for 2023-24. His involvement in various government committees, including the Ministry of Finance taskforce that drafted a new Direct Tax Code in 2019, highlights his deep engagement with policy-making processes.

Key Takeaways from “Rajiv Memani Assumes CII Presidency”

FAQs: Frequently Asked Questions

1. Who has been appointed as the President of the Confederation of Indian Industry (CII) for FY 2025-26?
Rajiv Memani, Chairman and CEO of EY India, has been appointed as the President of CII for the fiscal year 2025-26.

2. Who did Rajiv Memani succeed as the President of CII?
He succeeded Sanjiv Puri, the Chairman and Managing Director of ITC Ltd.

3. What is Rajiv Memani’s professional background?
Rajiv Memani is the Chairman and CEO of EY India and a member of EY’s Global Executive Board. He is also a qualified Chartered Accountant and holds a Bachelor of Commerce degree from Shri Ram College of Commerce.

4. Who has been appointed as the President-Designate of CII for 2025-26?
R Mukundan, Managing Director and CEO of Tata Chemicals Ltd, has been appointed as the President-Designate.

5. Why is Rajiv Memani’s appointment significant for India’s economy?
His leadership is expected to influence important economic policies and trade negotiations, including India’s bilateral trade talks with the United States.

6. What roles has Rajiv Memani held within CII before becoming President?
He has served as President-Designate for 2024-25 and Vice President for 2023-24.

7. Who is the Vice President of CII for FY 2025-26?
Suchitra K Ella, Co-founder and Managing Director of Bharat Biotech International Ltd, has been appointed as Vice President.

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