Saurabh Mashruwala replaces Lalit Malik as Torrent Power CFO
Lalit Malik has resigned from the position of Chief Financial Officer and Whole Time Key Managerial Personnel of the Torrent Power Limited w.e.f. close of working hours of April 13, 2023 due to health reasons. Saurabh Mashruwala, has been appointed as the new Chief Financial Officer and Key Manageri
Amit Kumar appointed as CFO at Ebix
Amit has recently taken on the role of Chief Financial Officer at Ebix. He previously served as the Chief Strategy Officer at Ebix Cash Ltd, where he joined in March 2022. Prior to that, he held the position of Global CFO at NIIT Technologies (Coforge) and served as the Regional CFO at Intertek. His
RBI approves Re-appointment of Sanjay Agarwal as CEO of AU Bank
RBI has approved the Re-appointment of Mr. Sanjay Agarwal as Managing Director & CEO of AU Small Finance Bank Ltd for a period of three years w.e.f. 19th April, 2023. Sanjay Agarwal is the promoter of AU Small Finance Bank and has over 26 years of strategic executive experience. He is a Commerce
Get on Board: First Step is Self-Awareness
Before you strive for a board position you need to do a self-assessment. Ask yourself if you are ready to switch your mindset from an executive role to a non-executive role. Another key question to ask is whether you feel comfortable with numbers. At the board level, you should be able to decipher t
Governance metrics improved significantly for corporate India in FY22
Corporate India has seen notable advancements in governance-related metrics. According to a survey of the top 100 nifty firms, 99 of the top 100 companies complied with governance standards for the nomination of independent directors in FY22.A good trend in compliance was found across a number of go
Sudha Shivkumar took over as 40th President of FICCI Ladies Organisation
The oldest women-led and women-focused business chamber in Southeast Asia, FICCI Ladies Organisation (FLO), has elected Sudha Shivkumar as its 40th president. During the 39th annual session, the appointment was made. Shivkumar wants to concentrate on empowering women as president of FLO by fostering
IL&FS’s Chairman’s term extended
The Ministry of Corporate Affairs (MCA) has extended the term of C S Rajan as non-executive chairman of IL&FS up to September 30, 2023. Besides, the ministry has also extended the term of Nand Kishore as managing director of IL&FS up to March 31, 2024.
Get to Board: The Role of Board Search Firms
A large chunk of Independent Directors’ appointments continue thru personal contacts of promoters and NRC members partly for their personal comfort and also to avoid any search firm fee, particularly for smaller companies. While Nifty 100 and MNCs often avail the services of search firms, it is th
Importance of Personal Branding to be an Independent Director
Your personal brand is the combination of reality and the perception about you. As Jeff Bezos says, “Your brand is what people say about you while you are not in the room. Thus, personal branding is the art of creating a unique brand identity and positioning for the Brand YOU as well as the strate
Get to Boards: Networking, The First Step to a Board Seat
If you desire that board seat, networking with promoters and existing board members is crucial. Board aspirants must also display a good alignment with promoters on cultural compatibility and sharing of values. Most of the rejections for board appointments have been attributed to the candidate being
