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 yesterday.
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.
"John will of course be building on USIBC's 40-year legacy which we're celebrating tonight. We look forward to working with John and supporting him as his tenure officially begins the first of next year," said Ajay Banga through a video message at the Council's 40th Anniversary Leadership Summit.
"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.
"With Prime Minister (Narendra) Modi's upcoming visit to the Silicon Valley, the important focus on building a digitally empowered nation through Digital India and the ongoing strategic and commercial dialogue, it is an exciting time to join the Council," he said.


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