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Sebi chief Tuhin Kanta Pandey highlights need to redefine independent directors' role

Sebi chief Tuhin Kanta Pandey highlights need to redefine independent directors' role

Economic Times21 hours ago
Sebi chief Tuhin Kanta Pandey spoke about redefining independent directors' roles. He addressed the 2025 Annual Directors' Conclave. Pandey emphasized that independent directors should be stewards of accountability. He urged them to freely dissent and question information. He highlighted the importance of diverse views for a stronger board.
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Mumbai: Sebi chief Tuhin Kanta Pandey on Friday said there is a need to redefine the role of independent directors "We cannot continue to view them as honorary appointees or friendly critics. They must be viewed and treated as stewards of accountability," Pandey said while addressing the 2025 Annual Directors' Conclave.He said this requires change on multiple fronts."Independent directors must feel free to dissent. To question, if the information is not robust," the Sebi chairman said."Because a board that never disagrees is not aligned - it's asleep. Divergent views, when rooted in purpose and mutual respect, strengthens the board."He said that although several directors are highly qualified, they are unfamiliar with emerging risks such as AI governance, cyber threats , or ESG disclosures
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