<h1>IICA Partners with Executive Search Firms to Enhance Independent Director Selection and Corporate Governance in India.</h1> The Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, hosted a Memorandum of Understanding (MoU) signing ceremony with six executive search firms at the National Financial Reporting Authority Headquarters in New Delhi. This collaboration aims to improve the selection and appointment of Independent Directors in Indian boardrooms, enhancing corporate governance. The initiative supports the Independent Director Databank, a repository for qualified directors. Additionally, IICA launched governance resources, including a Board Evaluation Note and Services Deck, to strengthen board performance and governance frameworks. The event featured key figures from IICA and the partnered firms, emphasizing the significance of these initiatives.