16 June 2016 Current Affairs: Sunil Bharti Mittal, founder chairman of Bharti Enterprises, has been elected as the head of International Chamber of Commerce (ICC), based in Paris, France.
Mittal is the third Indian business leader to head ICC in its near-hundred year history of being the world's oldest and most respected global business organisation.He takes over from Terry McGraw, Chairman Emeritus of S&P Global, who will now become ICC's honorary chairman.The ICC World Council elected the new leaders after a voting held in Sao Paolo, Brazil.
Mittal serves on many international bodies and think-tanks. He is currently the Chair of the World Economic Forums (WEF) Telecommunications Steering Committee. He is also a member of the India-US, India-UK and India-Japan CEO Forums.
Sunil Bharti Mittal : Sunil Bharti Mittal is an Indian telecom tycoon, entrepreneur and philanthropist. He is the founder, chairman and Group CEO of Bharti Enterprises, which has interests in telecom, retail, financial services, and agri business. The Group flagship Bharti Airtel, with operations in 20 countries across Asia and Africa and a customer base of over 275 million, is India's largest telecom company and world's third largest mobile operator.Bharti Airtel clocked revenues of over USD 14.5 billion in FY2013. He is listed as the 8th Richest person in India by Forbes with a Net worth of $7 Billion.In 2007, he was awarded the Padma Bhushan, India's third highest civilian honor. On 1 July 2013 he was elected Vice-Chairman of the International Chamber of Commerce.