ICSI – A Global Leader in Good Corporate Governance
Kolkata, April 10, 2012: Mr. Nesar Ahmad , PRESIDENT of the Institute of Company Secretaries of India (ICSI) while addressing the PRESS CONFERENCE today stated that “ICSI has taken various initiatives towards growth and development of the members, students and the profession by undertaking extensive career orientation, professional development programmes, brand building, extensive research, re-organisation , infrastructure development as well as globalisation of profession”.He was pleased to inform that the Council of the Institute has recently formulated new Vision and Mission of the Institute which strongly desires Company Secretaries to lead Corporate India as Governance professionals.
The New Vision and Mission of ICSI are:
Vision: To be a Global leader in promoting Good Corporate Governance. and Mission: To Develop High Calibre Professionals Facilitating Good Corporate Governance.
Towards promoting good corporate governance, ICSI has been supporting the initiatives taken by Ministry of Corporate Affairs, SEBI and Stock Exchanges by organizing investor awareness programmes and in this direction More than 900 programmes have been conducted all over the country. Booklets for investors have been issued in English, Hindi and other regional languages, informed Mr Ahmad.
As part of its initiative towards investor education and good governance in Capital Markets, the ICSI has decided to observe ICSI Capital Markets Week on the theme Capital Markets – Growth Drivers, from April 23 to April 28, 2012 throughout the country. The ICSI Capital Markets week will be organised in Kolkatta on Thursday April26th 2012 ,he said.During the Capital Market Week a number of activities namely panel discussions, lectures, interactive meetings with capital market regulators/stock exchanges and investor awareness programmes will be organized by the respective Regional Councils and Chapters.
As part of the corporate governance initiative, ICSI has also decided to celebrate Corporate Governance Week as an annual event. Last year it was celebrated in August 2011 throughout the country culminating in Corporate Governance Conclave. Similar celebration will also be organised this year to sensitise importance of corporate governance practice across India.
On the new syllabus for CS Foundation Programme, Mr Ahmad said, “Students are the lifeline of the institute and the profession. Besides strengthening the existing infrastructure for rendering value added services and support to the students, we need to focus our foremost attention on budding professionals. It is in this direction the institute has introduced a new syllabus for CS Foundation Programme (Stage I) with effect from 1st February 2012. The CS Foundation Programme consists of four papers viz., Business Environment and Entrepreneurship; Business Management, Ethics and Communication; Business Economics; Fundamentals of Accounting and Auditing.”
The Institute is also in the process of introducing two new post membership qualification (PMQ) courses - (i) PMQ course in Competition Law (developed with the support of Competition Commission of India), and (ii) PMQ course in Corporate Restructuring and Insolvency (developed in association with the INSOL International - a global body of insolvency practitioners).
About Institute of Company Secretaries of India (ICSI)
The Institute of Company Secretaries of India (ICSI) is a premier national professional body established by Act of Parliament to develop and regulate the profession of company secretaries. The institute develops a cadre of highly competent company secretaries for ensuring corporate governance and effective management by registering students with 10+2 and graduate qualifications for Foundation and Executive Programmes of company secretary-ship course respectively with course contents in Law, Management, Accounting and Finance disciplines.
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