While Mahindra is chairman & managing director of Mahindra & Mahindra; Ellen Lord is president & CEO of Extron Systems; and Banmali Agrawala is president & CEO, South Asia, General Electric.
The decision in this regard was taken by the USIBC at its annual spring meeting here.
"Anand Mahindra, Ellen Lord, and Banmali Agrawala bring an excellent combination of both business and civic leadership experience to this position," said USIBC chairman and MasterCard President and CEO Ajay Banga.
"They will undoubtedly provide valuable leadership to USIBC and its members," he said.
In 1991, Mahindra was appointed deputy Managing Director of Mahindra & Mahindra, India's leading producer of tractors and off-road vehicles.
He initiated a comprehensive change program to make the company an efficient and aggressive competitor in the new liberalized economic environment in India.
He became a managing director in 1997, and was promoted to Vice Chairman in 2003. He was appointed Chairman of the board in 2012.
Agrawala is the president & CEO for GE South Asia and is responsible for all of GE's operations in the region.
A veteran in the energy domain, Banmali has over 29 years of global experience.
He has served in several senior leadership roles in the Wartsila Group and in The Tata Power Group.
He is acknowledged in the industry to have built and led successful teams that have driven business growth globally.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
