IICA and Directorate General Resettlement (DGR) Team Up with Defence Ministry to Certify Senior Officers as Independent Directors
The Indian Institute of Corporate Affairs (IICA), in collaboration with the Directorate General Resettlement (DGR) and the Ministry of Defence, proudly launched its pioneering certification program for defence officers today at the IICA Campus in Manesar, Gurugram.
This groundbreaking two-week program features 30 senior officers both serving and recently retired from all three branches of the armed forces, including Air Vice Marshals, Major Generals, and Rear Admirals. The program will conclude with a certification ceremony on August 31, 2024.
In her keynote address, Ms. Monica Agrawal, Managing Director of Financial Services at Korn Ferry and the guest of honor, underscored the critical role of the board in corporate governance. She discussed the evolving challenges boards face and the essential contributions expected from Independent Directors. Ms. Agrawal advocated for leveraging the strategic and leadership skills of defence officers within corporate boards, emphasizing the need for a collaborative approach to harness talent and manage risks effectively.
Program Director Dr. Niraj Gupta, Head of the School of Corporate Governance and Nodal Officer of the Independent Director’s Databank, provided a thematic overview, exploring the intersections and distinctions between public, military, and corporate governance. He highlighted IICA’s role as a catalyst for best practices and capacity building in corporate governance.
The program is designed to equip participants with a thorough understanding of corporate governance, focusing on the roles and responsibilities of Independent Directors. The officers, eager to expand their knowledge, expressed enthusiasm for applying their skills to contribute to the growth of Indian corporations and the nation.
Col. Amandeep Singh Puri, Chief Administrative Officer of IICA, welcomed the participants and introduced the program's framework. Dr. Anindita Chakrabarti, Principal Research Associate at IICA, led the program’s proceedings, supported by facilitators Mr. Mathew John, Mr. Asheesh Singh, and Mr. Manoj Singh.



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