November 28, 2023
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Independent director certification promoted to strengthen board governance and improve director effectiveness through targeted capacity-building.
A two-day familiarisation programme for independent directors concluded in Goa to strengthen corporate governance through capacity-building on board responsibilities, oversight, sustainability, regulatory compliance and fiduciary accountability. Over forty-five directors from diverse sectors attended sessions led by senior governance practitioners. IICA, as the Ministry of Corporate Affairs' think tank, emphasised its Independent Director Databank & Certification initiative as a mandatory certification intended to improve board composition, discourse and director effectiveness.