Hero MotoCorp CEO Munjal steps down as CII President-Designate

Hero MotoCorp Chairman and CEO Pawan Munjal has stepped down as President-Designate of the Confederation of Indian Industry (CII) for 2022-23. Munjal cited domestic and global business commitments as the reason behind stepping down. The CII has elected TVS Group's R Dinesh as Munjal's replacement. ITC Chairman and MD Sanjiv Puri has been elected as Vice President.