Sanjay Nayar assumes position of vice-president of Assocham

Assocham has announced the appointment of global financial markets expert Sanjay Nayar as its new vice-president

Associated Chambers of Commerce and Industry (Assocham) on Tuesday announced the appointment of global financial markets expert Sanjay Nayar as its new vice-president.

Sanjay Nayar who is a senior finance professional in the private equity as well as banking landscape in India, has nearly four decades of experience in the global as well as Indian financial markets. At present, he is the founder and chairman of early-stage technology fund Sorin Investment Fund. He has now been appointed as the new vice-president of Assocham.

In addition, Nayar also serves as a non-executive director at the e-commerce company Nykaa founded by him and his wife Falguni Nayar. As a non-executive director, he assists in a non-executive capacity in mergers and acquisitions activity as well as overseeing its expansion in the UAE, UK, and the USA.

"Assocham has always played a transformational role empowering Indian enterprises by focusing on critical issues. I look forward to adding value to India's apex chamber which has been playing a front-line role in newer and technology driven areas, especially to help the SME and MSME companies in the country- a backbone for India’s growth,'' Nayar said after assuming the new role.