By Arun Kumar
Washington, Oct 8 (IANS) Business leaders from the US, Europe and India will meet in New Delhi next month to explore the theme of “Navigating the Oceans of Opportunity for Indian Business” at the Yale CEO Leadership Summit.

The Nov 5-6 event in New Delhi will be the first global programme of the Yale CEO Leadership Summit, an invitation-only event that is held each June and December in New York City. The US-India Business Council is a strategic partner for the event.

“Following last year’s Mumbai bombing, many US CEOs expressed great interest in reinforcing their enthusiasm for India’s miraculous economic development and adroit navigation through the recent economic crisis,” said Jeffrey Sonnenfeld, president of the Leadership Institute.

“This gathering will exchange perspectives on how cross border business can be mutually reinforcing while addressing urgent societal challenges.”

Summit participants will share candid perspectives on the most effective ways that business leaders have found for collective actions to address societal needs as well as ways to ignite and promote entrepreneurial initiative.

The New Delhi summit is the 59th CEO Summit of The Chief Executive Leadership Institute, a part of the Yale School of Management and is the world’s first school for incumbent CEOs, an institute news release said Wednesday.

The institute was founded in 1989 to provide original research on leadership and lively, current educational forums through peer-driven learning for accomplished leaders across a range of sectors.

Among the conference participants in New Delhi will be Deloitte CEO James Quigley; Blackstone Group CEO Stephen Schwarzman; former Colgate-Palmolive Chairman Reuben Mark and Global Crossing CEO John Legere.

Indian participants include Reliance Chairman and Managing Director Mukesh Ambani; Infosys founder Nandan Nilekani; S.K. Roongta, chairman Steel Authority of India Ltd. (SAIL); R.S. Sharma, chairman and managing director, Oil and Natural Gas Corp. Ltd. (ONGC); K.K. Modi, chairman Modi Enterprises; Rajan Mittal, vice chairman and managing director Bharti Enterprises; and Sanjeev Chadha, chairman and CEO, PepsiCo India.

Yale University President Richard C. Levin; Rajendra Pachauri, director-general, The Energy and Resources Institute (TERI) and director, Yale Climate and Energy Institute; and Sharon Oster, dean and Frederic D. Wolfe Professor of Management and Entrepreneurship, Yale School of Management will also attend.