SEBI considering large-scale training push for independent directors to boost corporate governance
SEBI Chairman Tuhin Kanta Pandey, speaking at a CII event, announced that SEBI is planning a large-scale capacity-building initiative for independent directors to strengthen corporate governance — marking a strategic shift from rule-making to improving the quality of boardroom decision-making. Framing governance reform in three phases, Pandey said the first phase built structures, the second strengthened processes, and the next phase must focus on building capability. He acknowledged that independent directors, while critical to safeguarding minority shareholder interests, often operate with limited visibility and depend heavily on management inputs, making continuous and structured learning essential.
SEBI's proposed initiative will cover domain-specific orientation, peer learning platforms, knowledge networks, and ongoing updates on emerging risks including technology and sustainability — with the broader objective of pushing boards beyond compliance-driven discussions toward deeper engagement on risk, strategy, and long-term value creation, all within the context of heightened global uncertainties and rising retail investor participation in Indian markets.
