Sebi Panel Suggested To Split CMD Post & Directors To Be Independent
India

Sebi Panel Has Suggested To Split CMD Post & Directors To Be Independent

In an attempt to improve the governance structure of listed entities, a Sebi panel, headed by banker Uday Kotak, has suggested a slew of measures, including appointing one of a company’s non-executive directors as chairman.  Splitting the post of chairman and managing director (CMD) and naming at least one woman as independent director on its board. The panel […]