India, April 24 -- Sunil Bharti Mittal, Chairman of Bharti Enterprises, has been inducted as a new member of the World Bank Group's Private Sector Investment Lab. The announcement aligns with the World Bank Group's updated strategy to scale investment solutions across developing economies by engaging leaders from industries closely linked to employment creation.

Mittal joins Bill Anderson, CEO of Bayer AG; Aliko Dangote, President and CEO of Dangote Group; and Mark Hoplamazian, President and CEO of Hyatt Hotels Corporation, as new members of the Lab.

The Lab, launched 18 months ago, has worked to identify barriers to private sector investment in emerging markets. The new members are expected to contribute sector-specific insights to the...