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Sumit Mazumder, Chairman and Managing Director of TIL Ltd., succeeded Ajay Shriram as President of the Confederation of Indian Industry (CII) for 2015-16 here on Tuesday.
A graduate of St Xavier’s College (Kolkata), Mazumder has a Master’s in Business Administration from Sam Houston State University, Texas, USA. He also undertook the Advanced Management Program at Harvard University. He is also the Executive Chairman of Tractors India Pvt. Ltd. which is a distributor for Caterpillar’s earthmoving, construction and mining equipment and power systems in India, Nepal and Bhutan.
Naushad Forbes, Director, Forbes Marshall, takes over as President-designate of the industry body. He received his Bachelors, Master’s and PhD degrees from Stanford University and has also been a Lecturer and Consulting Professor at the university in the Science, Technology and Society program from 1987 to 2004.
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