Ashok Chawla, a former bureaucrat, has been appointed as the new chairman of the Competition Commission of India (CCI) for a five-year term. During a simple swearing-in ceremony at the office of the minister for corporate affairs on 20 October, Chawla said he would strive for the commission to be “a body which ensures effective competition in the new India”.
Chawla’s appointment has been long anticipated, coming four months after the previous CCI chairman, Dhandendra Kumar, left the post. Man Mohan Sharma, the former additional registrar of the CCI and currently the head of competition law and policy at Delhi-based law firm Vaish Associates, believes Chawla is best suited for the job.
“In his previous position as finance secretary [from which he retired in January this year] he had a fair understanding of all the sectors of the economy and the slow pace at which the Indian government wants to introduce the free market economy,” Sharma told India Business Law Journal. He emphasized that “the new chairman should be willing to listen to experts and other stakeholders with an open mind”.
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