USIBC Board of Directors Appoints Anand Mahindra, Ellen Lord, and Banmali Agrawala
Board Reaffirms Tax, IP, Lifting of FDI Caps, Energy Security, and Immigration as Top Issues
April 17, 2014 – WASHINGTON, D.C. – Today, following its annual spring meeting, the U.S.-India Business Council (USIBC) board of directors announced the appointments of Anand Mahindra, Chairman & Managing Director, Mahindra & Mahindra; Ellen Lord, President & CEO, Textron Systems; and Banmali Agrawala, President & CEO, South Asia, General Electric to serve as members of the board.
"Anand Mahindra, Ellen Lord, and Banmali Agrawala bring an excellent combination of both business and civic leadership experience to this position," said USIBC Chairman and MasterCard President and CEO Ajay Banga. "They will undoubtedly provide valuable leadership to USIBC and its members."
As members of the board of directors, Mahindra, Lord, and Agrawala will help promote the policy advocacy priorities of USIBC and advise members and senior USIBC staff on a wide range of topics. They join a prestigious list of CEOs and executives on USIBC’s board of directors.
“The U.S.-India Business Council and board of directors remain committed to advancing the partnership between the United States and India. We stand dedicated to the lifting of FDI caps in important sectors like insurance and defense, and enhancing energy security,” said Banga. “Outstanding issues such as clarity on tax policies, protection of intellectual property, and ensuring a clean U.S. immigration reform bill that allows for the free movement of skilled professionals, should be addressed by sitting down at the table as partners and engaging in meaningful dialogue.”
In 1991, Mahindra was appointed Deputy Managing Director of Mahindra & Mahindra, India’s leading producer of tractors and off-road vehicles.  He initiated a comprehensive change program to make the company an efficient and aggressive competitor in the new liberalized economic environment in India. He became a Managing Director in 1997, and was promoted to Vice Chairman in 2003. He was appointed Chairman of the board in 2012.
Lord was named as President & CEO of Textron Systems in October 2012. She is also a member of Textron's Executive Leadership Team. Lord previously served as Senior Vice President and General Manager of Textron Defense Systems, an operating unit of Textron Systems Corporation (TSC). She took over the leadership of Textron Defense Systems in 2011 after serving three years as the senior vice president and general manager of AAI Corporation, a fellow operating unit of TSC.
Agrawala is the President & CEO for GE South Asia and is responsible for all of GE's operations in the region. A veteran in the energy domain, Banmali has over 29 years of global experience. He has served in several senior leadership roles in the Wartsila Group and in The Tata Power Group. He is acknowledged in the industry to have built and led successful teams that have driven business growth globally.
Formed in 1975 at the request of the U.S. and Indian governments, the U.S.-India Business Council (USIBC) is the premier business advocacy organization advancing U.S.-India commercial ties. Today, USIBC is the largest bilateral trade association in the United States, with liaison presence in New York, Silicon Valley, and New Delhi, comprised of 300 of the top-tier U.S. and Indian companies. Ajay Banga, President & CEO of MasterCard, is USIBC's Chairman.

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