World Bank President Jim Yong Kim and Salesforce CEO Marc Benioff have been elected to the World Economic Forum's Board of Trustees, whose members include Reliance Industries chairman Mukesh Ambani and PepsiCo chief Indra Nooyi.

As headwinds from China and the US turn the mood gloomy here at the elite World Economic Forum (WEF) annual meeting, top NRI industrialist G P Hinduja on Saturday asked corporate leaders to diversify their businesses across sectors and countries to sail through such turbulences.

With high non-performing assets (NPAs) weighing down on the books of several banks, ICICI Bank has adopted a strategy of proactive action on its corporate portfolio and is focusing on higher-rated clients, its chief Chanda Kochhar said here.