“Companies are rebooting their boards with skilled independent directors, and they need to up the fees offered. There are regulations around what remuneration can be offered depending on the sector, but the unicorns, non-listed firms and MSMEs (micro, small and medium enterprises) are all willing to offer a premium for the statured, credible and effective board members who can truly be a strategic asset to the organization," said Monica Agrawal, managing director for financial services in the Asia-Pacific region and India lead, board and CEO services, at Korn Ferry, a global organizational consulting firm.
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India in economic sweet spot, inflation to moderate: Moody's
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