 |
 |
How do listed companies go about finding Independent Directors besides contacting persons known to them or through word-of-mouth? This limits the horizon.
|
|
How do thousands of professionals who are competent and willing to become Independent Directors let the listed companies know about themselves and get invited?
|
primedirectors.com now provides the answers. This is a free-of-charge platform both for the professionals to submit their profiles in an easy-to-fill format and for the listed companies to reach them through a simple search mechanism. |
|
|
 |
 |
If you are a professional seeking directorships... |
|
 |
|
|
|
|
A total of 18799 professionals have enrolled |
|
| |
Analysis of 13493 profiles already hosted on this website available for search by listed companies |
|
 |
|
 |
| |
 |
453 are retired civil servants |
|
610 are IIM graduates |
|
241 are/were professors at IITs/IIMs/IISc |
|
1107 are graduates from foreign universities (including Harvard, Wharton, Kellog and Stanford) |
|
1035 hold Doctorates |
|
3884 are Chartered Accountants, 1567 are Company Secretaries, 642 are Cost Accountants |
|
2051 are Lawyers and 184 are Medical Doctors |
|
4002 are Engineers of which 951 are from IITs, 164 from BITS and 57 from ITBHU |
|
425 are already holding 674 independent directorships on listed companies |
|
84% have more than 10 years experience |
|
|
|
|
88% have decided to disclose their names |
|
|
Citywise analysis of professionals |
|
|
| Retired/existing Chairman/CMD of |
|
BSRB, BIFR, CBDT, CERC, MRTPC |
|
Canara Bank, Dena Bank, CIBIL, EXIM Bank, Federal Bank, IDBI, IFCI, Lakshmi Vilas Bank, New India Assurance, NHB, PNB, PSB, SBICAP, UCO Bank, United Bank Of India |
|
BEML, CMC, Coal India, Cochin Shipyard, FACT, Goa Shipyard, Hindustan Insecticides, Hindustan Latex, Hindustan Photo Films, HMT, IDPL, Lubrizol, MDNL, MSEB, MTNL, NALCO, NFL, Paradeep Phosphates, PEC, RCF, STC, WCL |
| Retired /existing Managing Directors of |
|
BOB Cards, BSE, Canbank Investment, CDSL, Centurion Bank, ICICI Venture Funds, LIC, State Bank of Hyderabad, SBI, State Bank of Mysore, UTI Securities |
|
Akzo Nobel, Bakelite Hylam, Berger Paints, Birla Yamaha, Business India, Carrier Aircon, Delphi Automotives, Eicher, Electrolux Kelvinator, GEC Alstom,GHCL, Haldia Petrochemicals, Hindustan Dorr Oliver, Mangalore Chemicals, Mukand, Otis Elevator, Singer, Spectrum Power, SOL Pharmaceuticals |
|
HAL, Hotel Corp., HPCL, Indian Oil Panipat Power Consortium, Mumbai Railway Vikas, SAIL |
+ several retired IAS officers, UN experts, Army Generals/Air Marshalls, IT Commissioners, Ministers, Ambassadors and even one Governor |
|
|
|
|
 |
Profiles of another 5306 professionals are presently under processing |
 |
|
|
 |
For better corporate governance, the need for Independent Directors is recognized the world over. Independent Directors in India too now have substantive role and responsibilities; simultaneously, the Companies Act now allows a reasonably good remuneration to the Independent Directors.
|
|
|
Most of the listed companies, out of 9000, were required to comply with Clause 49 of the Listing Agreement by 31 December 2005, which mandates that Independent Directors should constitute 50% of their Boards; otherwise the defaulting companies will have to face severe penalties. An estimate puts the requirement of Independent Directors at over 30,000. |
|
|
|
|
|
|
|
|
| |
|
Tutorials |
|
Seminars |
|
Conferences |
|
Helpline…
|
|
|
|
|
|
|
|
|
|
