ICSI may be rechristened as IGPI

[Prabhakar K S]

Dear Professional Colleagues,

FYI 

A Welcome move !!

Source : Business Line 

NEW DELHI, NOV 8:  

The Institute of Company Secretaries of India may get re-christened as Institute of Governance Professionals of India (IGPI).

Any such move would be in line with the institute’s recent aspiration to elevate its members from being compliance officers to governance professionals.

The name change is, however, subject to a new law getting enacted by Parliament, according to M.S. Sahoo, Secretary, ICSI.

Indications are that the Government would look to move a Bill that will seek to replace the Company Secretaries Act enacted in 1980.

The ICSI aspiration of rebranding the profession as “governance professional’’ got a shot in the arm on Thursday with Corporate Affairs Minister Sachin Pilot agreeing to pilot a Bill for this purpose in Parliament.

Retired Supreme Court Judge B.N. Srikrishna — who is heading a committee to review the Company Secretaries Act — has also virtually endorsed the re-designation of company secretaries as “governance professionals’’.

"Its time now to let go of the past and embrace all that awaits us!"

Adiyen Srinivasa Dasan

9740283835
 

[Bhavani Prasad]

Dear friends.,

What is the point in changing the name.

Scope and work exposure should be a level playing filed amongst other professional bodies.

Institute should focus more on these issues 

 

Regards

CS Bhavani Prasad C N
Company Secretary
098665 19059

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[SUDHIER KUMAR GUPTHA]

I couldn't make it out, at what stretch of imagination the term GP shall aptly reflect us hence forth.

[Ramaswami Mohan]

Who is to Govern a Company - whether the Board of Directors of the Governing Professionals ( cs / cfo - etc ). There should be a clear cut demarcation on the rolls , duties and responsibilities , as otherwise the blame game would start in a bigger way. 

i suppose this is a basic pre-requisite . so i think we professionals should move cautiously.

regards,

Mohan

CS. R.  Mohan
Mobile: 9908814677

[SUDHIER KUMAR GUPTHA]

If the ICSI is very much enthusiastic on the  word GOVERNANCE , i suggest  either GOVERNANCE OFFICER or  CHIEF GOVERNANCE OFFICER(CGO)  in tune with CEO to be chosen  instead of GP.