By: D.K Choudhary
Frank Walter Steinmeier Elected New President of Germany
i. Germany’s former Foreign Minister, Frank-Walter Steinmeier has been elected as the new President of Germany on February 12, 2017.
ii. The 61-year old won by 931 votes out of 1,239 valid votes cast by the members of the Federal Assembly.
iii. He is due to take office as the 12th Federal President of Germany on 19 March 2017.
iv. Steinmeier, a member of the Social Democratic party will succeed incumbent President Joachim Gauck who will step down on March 18 at the age of 77.German President
v. Steinmeier previously served as Minister for Foreign Affairs from 2005 to 2009 and again from 2013 to 2017.
Germany
♦ Capital: Berlin
♦ Currency: Euro
♦ President: Joachim Gauck
Sandeep Jajodia Appointed New President of Assocham
i. Sandeep Jajodia, the CMD of Monnet Ispat & Energy Ltd. Has been appointed the new president of industry chamber Associated Chambers of Commerce and Industry of India (Assocham) on February 13, 2017.
ii. Jajodia has replaced Sunil Kanoria, the vice-chairman, Srei Infrastructure Finance Limited.
iii. Besides, Balkrishan Goenka, Chairman, Welspun Group has been appointed as the senior vice-president while Kiran Kumar Grandhi, vice-chairman of GMR Infrastructure Ltd, has been appointed as the vice-president of the industry body.
iv. Assocham will continue to play a transformational role both nationally and globally and the chamber will empower Indian enterprises by focusing on the most critical and relevant issues in a highly impact-oriented manner
Associated Chambers of Commerce and Industry of India (ASSOCHAM)
♦ ASSOCHAM is one of the apex trade associations of India that acts as an interface between industry, government and other relevant stakeholders on policy issues and initiatives.
♦ The goal of this organisation is to promote both domestic and international trade and reduce trade barriers while fostering conducive environment for the growth of trade and industry of India.
♦ Founded: 1920
♦ Headquarters: New Delhi, India
