Launch of the Directors’ Collective

The launch event included three half day events, exclusively for directors and CEOs. As part of the launch, KPMG in India released a publication titled ’Handbook on Corporate Governance in India: Legal Standards and Board Practices’, which seeks to provide guidance on several legal and regulatory standards applicable to corporate boards.

The programme included a well-structured panel discussion on aspects covered in the jointly developed handbook by the partners in the Collective.

Event Details

Date: 18–20 January 2016

Location: Mumbai and New Delhi

Effective Board Strategies for Good Corporate Governance in Public Enterprises

The scope of responsibilities of directors has expanded significantly, owing to current regulations. At Public Sectors Enterprises (PSEs) this expanded scope proves to be more onerous due to multiple stakeholders with often differing agendas, obligation to further national interests sometimes at the cost of profitability and greater public scrutiny. Given this background, the KPMG Governance Institute and Association of Independent Directors of India (AIDI) conducted a workshop, especially for directors of PSEs, to help them keep pace with this transformation, while working towards enhancing board

 effectiveness. The full-day programme included discussions on various topics such as the board’s role in strategy and governance, risk and compliance oversight, directors’ liabilities, fraud and vigilance, and cyber security.

Speakers for the programme included CMDs of public sector companies, ex-regulators and KPMG in India’s subject matter experts.

Event Details

Date: 24 February 2016

Location: The Leela Palace, Diplomatic Enclave, New Delhi

Directors’ Collective – Risk, compliance and cybersecurity

The programme consisting of sessions and panel discussions, led to delving into the following key themes:

• Key risks that worry global boards - Jitendra Sharma (Global Leader, Risk Consulting, KPMG in U.S.), Pablo Bernad, (EMA Head, Risk Consulting, KPMG in Spain) and Mritunjay Kapur (Partner and Head, Risk Consulting, KPMG in India) provided a thought-provoking new take on addressing the risk, compliance and governance dilemma.
• CEO’s address – Richard Rekhy (CEO, KPMG in India) opined on how businesses can thrive by constantly reinventing themselves and improving their corporate governance mechanisms by setting the right tone at the top as well as how the government can reduce the compliance burden on the companies, thereby making India a better place for doing business.
• Board’s oversight on cybersecurity- Malcolm Marshall, Global Head of Cybersecurity , KPMG in UK presented his view on what boards should do to address the issues of cybersecurity.

CEO Challenge® 2016 Survey – Nick Sutcliffe, Managing Director, The Conference Board, presented the findings of the 2016 report and analysis of the top strategies cited by CEOs to meet key business challenges.

Event Details

Date : 29–31 March 2016
Location: Mumbai and New Delhi

FICCI FLO Events

KPMG was the knowledge partner of FICCI Ladies Organization (FLO) for their ‘Women on Board’ programme, a pan India initiative.

The speakers familiarised women directors on the roles, responsibilities and liabilities of the boards as per the new Companies Act. In addition, a tenured director shared his/her experiences on how to become an effective director and factors contributing to effectiveness of individual directors.

Event Details

Chennai - 11 January 2016
New Delhi - 16 February 2016
Ahmedabad - 23 February 2016
Jaipur - 14 December 2015
Ludhiana - 16 December 2015
Indore - 25 September 2015
Hyderabad - 17 August 2015
Bengaluru - 19 August 2015