https://www.taxtmi.com/news?id=14281 Amendment revises appointment procedure for Non Official Directors on boards of public sector banks, insurance companies and financial institutions to professionalise governance. A designated web portal enables online applications and status tracking. A single High Level Search Committee will screen applicants and recommend names to the Government. Eligibility requires a graduation degree, an upper age cap and substantial work experience; persons of eminence with specialised experience across specified sectors, retired senior officials, senior academicians, institute directors and chartered accountants meeting the experience requirement will be considered. Tenure for NoDs is subject to a maximum duration or number of terms. en-us Wed, 01 Apr 2015 18:20:11 +0530 Wed, 01 Apr 2015 18:20:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14281 Amendment revises appointment procedure for Non Official Directors on boards of public sector banks, insurance companies and financial institutions to professionalise governance. A designated web portal enables online applications and status tracking. A single High Level Search Committee will screen applicants and recommend names to the Government. Eligibility requires a graduation degree, an upper age cap and substantial work experience; persons of eminence with specialised experience across specified sectors, retired senior officials, senior academicians, institute directors and chartered accountants meeting the experience requirement will be considered. Tenure for NoDs is subject to a maximum duration or number of terms. News - Wed, 01 Apr 2015 18:20:11 +0530 https://www.taxtmi.com/news?id=14281