SEBI Chairman: Boardroom Engagement Crucial for Next Phase of Governance Reforms

• SEBI Chairman Tuhin Kanta Pandey emphasizes boardroom engagement and leadership quality over regulatory expansion for future corporate governance.
• Pandey states that governance effectiveness will depend on the quality of questions asked and depth of understanding in boardrooms, not just comprehensive regulations.
• He highlights uneven engagement despite well-structured boards and calls for stronger focus on capacity building for independent directors.
• Modern boardrooms need continuous learning to tackle complex issues like technology and cyber risks.
• SEBI plans collaborative initiatives with industry bodies to enhance capacity building for independent directors.