Sebi Chief Urges Company Secretaries: Anticipate Risks, Uphold Integrity

• Sebi Chairman Tuhin Kanta Pandey addressed company secretaries at the 25th ICSI National Awards.
• He emphasized the need for company secretaries to anticipate risks, guide boards of listed companies, and uphold integrity, even under pressure.
• Pandey highlighted that deepening stock market participation increases expectations for fairness, good governance, and credible oversight, stating that governance uncertainty is detrimental.
• He stressed that governance is about credibility in decision-making, conflict management, and information sharing, beyond mere procedural compliance.
• The Sebi chief noted that the role of company secretaries will expand, requiring them to be proactive in navigating complex capital markets and managing reputational risks.

Why It Matters: Company secretaries must proactively ensure integrity and guide boards to navigate complex market risks.