We take great pleasure in inviting you and your peers at the Delhi edition of our workshop “Role of Independent Directors & Nominee Directors of Financial Institutions, PEs & VCs”, to be held from 09:30 AM to 03:00 PM on 4 September 2017 at the Claridges, 12, APJ Abdul Kalam Road, New Delhi.

Putting together a series of workshops such as this is a major AIDI initiative towards improving integrity and governance standards in the market. In the context of the economic crisis of recent years, the literature and declarations by international organizations have highlighted the influence of firms’ governance structure in financial distress. This question is important because differences in corporate governance appear to have important implications for business decisions especially when the business has a high risk of failure. In the Indian context where firms are characterized by concentrated ownership and promoter control, directors shirking their duties would inhibit objective implementation of the corporate governance mandate in spirit.

This case-driven AIDI workshop is designed to help participants develop a deep understanding of nominee directors’ board responsibilities, strategies for effective execution and managing crisis situations.Dr. Bhaskar Chatterjee, Fmr. DG and CEO of Indian Institute of Corporate Affairs and Mr. Prashant Saran, Fmr. Executive Director of SEBI. will lead this workshop supported by leading voices in Indian boardrooms as keynote speakers.

Our workshop on 4 September 2017 will have two major components:

  • Focus on how to make the institution of Independent Directors and Nominee Directors more effective; and
  • The expectations from Independent Directors and Nominee Directors and their actual delivery against these expectations.

Besides, there may be other factors that affect the effectiveness of Independent and Nominee Directors. For example, do they get enough information prior to meetings? Does the management keep them adequately informed? Is there clarity about what they are expected to do in terms of participation in the Boards? Is there an adequate accountability framework? Do they have a facilitation framework and the capacity to discharge these duties? What has been the experience in India and other markets? This workshop is designed to strengthen the discourse on many of these areas.

In addition to unmatched networking opportunities, we are certain that this workshop will be a value-addition to your skill-sets in handling tough boardroom situations. To proceed with registration, we invite you to write back to me or to info@aidindia.co.in, with your expression of interest.