- 10 yrs Maximum tenure of a board director as stipulated by law
- ₹1 lakh Ceiling on sitting fees for board directors
Indian companies scrambling to find replacements for their boardrooms are struggling to find candidates with the right technology chops or expertise in handling the outcomes of geopolitical uncertainties.
According to a study by executive search firm Heidrick & Struggles, three out of five respondents who participated in its survey are reshuffling their boards, and more than half of these firms are unable to find suitable talent.
The survey analysed responses from about 150 managing directors, board chairs and chairs of subcommittees in India to understand their business priorities for 2024, and their perception around refreshing their boards.
More than 1,400 independent directors are set to retire by 1 April, according to data research firm primeinfobase.com. The Companies Act, 2013, stipulates that firms cannot have directors on their boards for longer than 10 years.
この記事は Mint Mumbai の January 18, 2024 版に掲載されています。
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この記事は Mint Mumbai の January 18, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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