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G.P. Goenka is Ficci chief
New Delhi: G.P. Goenka, chairman of the Duncan Goenka group, has been elected as the new president of the Federation of Indian Chambers of Commerce and Industry.

Mr Goenka succeeds Mr Sudhir Jalan.
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P.J. Nayak to be UTI Bank chief
Mumbai: P.J. Nayak, executive trustee of the Unit Trust of India, is likely to be the new chairman and managing director of UTI Bank. He may take over his new position in December 1999 after the term of the present incumbent, Supriyo Gupta ends.

Mr Nayak has been executive trustee of UTI since May 1996.
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domain - B : Indian business: News review : 2 September 1999 : people