Rajiv Memani Takes Charge as CII President for FY26

In a significant leadership transition, Rajiv Memani, Chairman and CEO of EY India, has officially assumed charge as the President of the Confederation of Indian Industry (CII) for the financial year 2025–26. The announcement, made by CII on June 1, 2025, marks the beginning of a new term under one of India’s most prominent financial and strategic advisors.

Why in News?

The Confederation of Indian Industry (CII) announced a new leadership lineup for FY2025–26 on June 1, 2025. The appointment of Rajiv Memani, a key figure in India’s economic and consultancy sectors, signals a strategic move aimed at strengthening industry-government collaboration, driving inclusive economic growth, and enhancing India’s global competitiveness amid dynamic economic conditions.

Key Appointments in CII for FY 2025–26

Rajiv Memani

• Position: President, CII
• Current Role: Chairman and CEO of EY India
• Other Role: Member of the EY Global Executive Board and Chair of the Growth Markets Council

R. Mukundan

• Position: President-Designate, CII
• Current Role: Managing Director and CEO, Tata Chemicals
• Education: IIT Roorkee, FMS Delhi, Harvard Business School alumnus

Suchitra K. Ella

• Position: Vice President, CII
• Current Role: Co-founder and Managing Director, Bharat Biotech
• Contribution: Co-founded Bharat Biotech in 1996, instrumental in biotech innovation in India

About the Confederation of Indian Industry (CII)

• Established: 1895
• Headquarters: New Delhi
• Nature: Non-governmental, industry-led, not-for-profit organization
• Objective: To create and sustain an environment conducive to the growth of industry in India
• Activities: Policy advocacy, business promotion, and capacity building

Significance of Rajiv Memani’s Appointment

• Deep Financial Expertise: Brings decades of experience from the consulting and finance sector.
• Global Network: As part of EY’s Global Executive Board, he offers global insights to domestic policy strategies.
• Economic Vision: Expected to drive innovation, regulatory reforms, digital transformation, and entrepreneurship support.
• Continuity and Growth: Succeeds Sanjiv Puri (CMD of ITC Ltd), ensuring a seamless transition in industrial leadership.