Sunil Bharti Mittal now on Standard Chartered board

Bharti Enterprise Chairman Sunil Bharti Mittal has been appointed as an independent non-executive director on the board of Standard Chartered.

His appointment would come into effect from august this year. Mittal has been a very successful businessman who has become the face of telecom in India.

His Airtel mobile service is the largest mobile service provider in the country and the company is now planning a mega entry into the Indian retail market.

Standard Chartered Chairman Mervyn Davies spoke on his appointment on the company board: “Sunil is one of the India’s most successful and highly respected entrepreneurs and I am very pleased that we have additional board representation from such an important market.”

Standard Chartered further announced that they are appointing Experian Group Ltd Chairman John Peace as the deputy chairman and senior independent director.

Davies further said: “The appointments of John Peace and Sunil Mittal strengthen our governance and add great depth and diversity to our board.”