Conference of Non-Official Directors of CPSEs

22^nd July, 2009 at Vigyan Bhavan, New Delhi

§ The Department of Public Enterprises has, as a part of its initiative to further strengthen corporate governance, planned to organize a number of Conferences for Non-Official Directors of CPSEs. The first of these conferences will be organized in New Delhi on 22^nd July, 2009 in collaboration with Institute of Company Secretaries of India (ICSI). The Minister (HI&PE) has consented to inaugurate the Conference and deliver the Keynote address.

§ For the Conference on 22.7.2009, Navratna (18) and Miniratna (59) CPSEs have been asked to nominate two Non-Official Directors each. Non-Official Directors are are retired senior civil servants, ex-chief executives of CPSEs, academicians, Chartered Accountants and other management professionals. Representatives of a few Ministries have also been invited to participate in the Conference. It is expected that this conference will be attended by around 150 delegates.

§ The inaugural Session, between 10 and 11 AM, will be followed by Technical Sessions which will be taken by domain experts. The following issues will be deliberated during this conference:

(i) Corporate Governance framework, (ii) Roles/Responsibilities of non-official Directors as members of the Board and in the Audit/Remuneration Committees, (iii) Corporate Governance practices in public sector enterprises and (iv) Accounting and Auditing issues.

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