Redefining the Role of Independent Directors: A Call for Change

Sebi chief Tuhin Kanta Pandey emphasizes the need to redefine the role of independent directors as accountable stewards. He advocates for ongoing orientation in emerging risks and broader diversity in board composition. Pandey calls for shifting focus from compliance to culture, embracing technology, and fostering diverse perspectives.

At the 2025 Annual Directors' Conclave, Sebi chief Tuhin Kanta Pandey emphasized the need to redefine the role of independent directors, highlighting the urgency of treating them as accountable stewards rather than honorary appointees or friendly critics.

Pandey advocated for ongoing orientation in emerging risks like AI governance, cyber threats, and ESG disclosures. He stressed the importance of broader diversity in board composition, drawing from varied sectors and voices.

Emphasizing the shift from compliance to culture, Pandey urged boards to embrace technology for smarter governance and use real-time dashboards for meaningful insights, while promoting cognitive diversity in building future-ready boards.

(With inputs from agencies.)