The International Chamber of Commerce (ICC) has re-appointed Gerard Worms as Chairman for a two-year term starting from July 1, 2011, with current ICC Vice-Chairman, Harold McGraw III, set to succeed him in 2013.

The ICC World Council made the decision during a meeting following the 7th World Chambers Congress, June 8 to June 10, 2011, in Mexico City. ICC Honorary Chairman Victor K. Fung has also been re-appointed for a further one-year term, according to a message received here yesterday.

More than 70 business members of the ICC World Council – the organisation’s main governing body – met to elect the new leaders as well as two new members of ICC’s Executive Board.