USCIB Chairman Terry McGraw will become the next chairman of the International Chamber of Commerce (ICC), the world business organization that forms a central part of USCIB’s global network, effective July 1. McGraw was elected by ICC’s World Council at a meeting in Doha, Qatar, where ICC is holding its 8th World Chambers Congress.
“I am honored to be elected as chairman of ICC, the world business organization comprising over six million companies and chambers of commerce in 130 countries,” McGraw said. “ICC is playing a crucial role in driving global economic growth and promoting trade and jobs. I look forward to working with Sunil and other distinguished members of ICC to advance this agenda and address the needs of the international business community.”
The World Council also elected Sunil Bharti Mittal of India as ICC’s vice chairman. The current ICC chairman, Gerard Worms of France, will become ICC’s honorary chairman.
“We congratulate Terry McGraw on his election to chair ICC, and we are sure that, like USCIB, it will benefit tremendously from his leadership,” said USCIB President and CEO Peter M. Robinson. “USCIB was founded in 1945 as ICC-USA, and continues to proudly serve as ICC’s American national committee. Terry joins a distinguished group of USCIB chairs who have gone on to lead ICC.”
McGraw, who has served as vice chairman of ICC since January 2011, is chairman, president and CEO of The McGraw-Hill Companies (soon to be renamed McGraw Hill Financial) [now S&P Global], one of the leading financial intelligence companies in the world, with iconic brands like Standard & Poor’s Ratings Services, S&P Dow Jones Indices, S&P Capital IQ, Platts and JD Power.
In addition to serving as chairman of USCIB, McGraw chairs the U.S. President’s Advisory Committee for Trade Policy and Negotiations. Appointed by President Barack Obama to the U.S.-India CEO Forum in November 2009, McGraw also serves on the boards of United Technologies and Phillips 66, and chairs the Emergency Committee for American Trade.
Mittal is the founder, chairman and group CEO of Bharti Enterprises and chairman of Bharti Airtel. Bharti Enterprises is one of India’s leading business groups with interests in telecoms, retail, realty, financial services and agricultural products. Bharti Airtel is the flagship company of Bharti Enterprises, which is among the leading global telecom companies with operations in India, South Asia and Africa. Bharti has joint ventures with several global leaders: Singtel, Wal-Mart, AXA and Del Monte.
Mital said: “It is an honor to be chosen for the role of vice chairman at ICC, a prestigious organization dedicated to spreading peace and prosperity through trade since 1919. I look forward to working with Terry in this capacity.”
In addition to these appointments, ICC also named five new members to its Executive Board:
Esko Aho (Finland),
Milos Barutciski (Canada),
Frederico Curado (Brazil),
Eduardo Eurnekian (Argentina),
and Cherie Nursalim (Indonesia).
They will also begin their terms on July 1.