R Mukundan, the chief executive officer of Tata Chemicals, has officially taken over as the president of the Confederation of Indian Industry (CII) for the term 2026-27, succeeding Rajiv Memani. With a robust career spanning over 30 years at Tata Group, Mukundan has held various leadership roles across different sectors, including chemicals, automotive, and hospitality. Suchitra K Ella, managing director of Bharat Biotech International, has been appointed as the president-designate for 2026-27, while Shashwat Goenka, vice-chairman at RP-Sanjiv Goenka Group, steps into the role of CII vice-president for the same term. Goenka has previously served as the chairman of CII's eastern regional council, indicating a strong leadership transition within the organization.