“We can’t proceed to view them as honorary appointees or pleasant critics. They have to be seen and handled as stewards of accountability,” Pandey mentioned whereas addressing the 2025 Annual Administrators’ Conclave.
He mentioned this requires change on a number of fronts.
“Impartial administrators should be at liberty to dissent. To query, if the data just isn’t sturdy,” the Sebi chairman mentioned.
“As a result of a board that by no means disagrees just isn’t aligned – it is asleep. Divergent views, when rooted in function and mutual respect, strengthens the board.”
He mentioned that though a number of administrators are extremely certified, they’re unfamiliar with rising dangers corresponding to AI governance, cyber threats, or ESG disclosures.
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