Sanjay Nayar Appointed as New ASSOCHAM President

The Associated Chambers of Commerce and Industry of India (ASSOCHAM), a prominent industry chamber, has appointed Sanjay Nayar as its new President. Nayar has replaced Ajay Singh, the Co-Founder of SpiceJet airline, whose tenure has ended.

Nayar’s Background

Sanjay Nayar is a well-known figure in the global financial markets. He was the former Chief Executive of KKR India, a leading investment firm. Nayar brings with him over 40 years of experience in financial and capital markets. He has worked for 25 years at Citigroup and nearly 14 years at KKR, before retiring last year.

Establishing KKR India

In 2009, Nayar established KKR’s operations in India after leaving Citigroup. He played a crucial role in KKR’s expansion in the Indian market.

Other Roles and Associations

Nayar has been appointed as a non-official member of the Board of Trade by the Government of India, representing the private sector. He is also a member of the National Startup Advisory Council and the US-India Strategic Partnership Forum (USISPF) board.

Sorin Investment Fund

After retiring from KKR, Nayar founded Sorin Investment Fund, where he currently serves as the Founder and Chairman.

A Seasoned Leader

With his extensive experience in global finance, investments, and leadership roles, Sanjay Nayar is well-equipped to lead ASSOCHAM, one of India’s largest industry associations. His appointment is expected to bring fresh perspectives and insights to the chamber, as it continues to represent and promote the interests of the Indian business community.