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 today in Sao Paolo, Brazil, Bharti Enterprises said in a statement.
"I am honoured at being given the opportunity to lead this prestigious global institution and look forward to working with our members. There is an urgent need to restore trade and investment as a driver of growth and jobs, particularly in the developing world and this will be a focus of my tenure," Mittal said.
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.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.