John T Chambers new USIBC chairman

John Chambers, Executive Chairman of Cisco, has been elected as the new chairman of the US India Business Council (USIBC), the apex advocacy group for India and American companies in the US. A formal announcement in this regard was made at the USIBC’s 40th Anniversary Leadership Summit that kicked off the US-India Strategic and Commercial Dialogue . The transition will come at the end of a four-year term of Ajay Banga, president and CEO of MasterCard.  Banga has been its longest-serving chairman
“As a long-time supporter of USIBC, I have witnessed the Council’s influence rise dramatically as a direct result of the leadership provided by current chairman, Ajay Banga, and former chairs such as Terry McGraw and Indra Nooyi,” said Chambers. 
Banga during his tenure, blazed an equally impressive path by adding top American and Indian companies to the Council’s membership, increasing Council revenue and adding staff capacity at the Council’s regional offices to serve members, said Mukesh Aghi, president of USIBC.