BWI: Deloitte Launches the Center for Corporate Governance

Press release from Business Wire India
Source: Deloitte
Wednesday, October 07, 2009 01:55 PM IST (08:25 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst; Technology
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Deloitte Launches the Center for Corporate Governance
The First of its kind Center in the Country aimed to Serve as a Hub for all Issues Related to Corporate Governance

New Delhi, Delhi, India, Wednesday, October 07, 2009 -- (Business Wire India) -- Deloitte today announced launch of the "Center for Corporate Governance". The Center for Corporate Governance is a platform designed with the aim to promote a dialogue in the critical areas of corporate governance among industry bodies, companies, their boards of directors and senior management amongst others.

As a part of our global initiative, the center is aimed to be a resource that would offer a large and diverse collection of governance tools, resources and thought leadership of interest to the board, audit committee members, and others. The center is designed as an online resource that provides timely and relevant thought-ware as well as other information, including a list of Deloitte webcasts, podcasts and events focused on governance issues. Monthly postings on relevant topics, discussions regarding governance issues and data on board practices and composition are also available.

Speaking at the launch of the Center in India, Mr. Abhay Gupte, Senior Director, Deloitte expressed, "Corporate Governance has gained momentum amongst Indian companies and is soon becoming an imperative tool responsible for an organization's sustainable growth and success. With continued focus on corporate risk, integrity in financial reporting and regulatory compliance requirements, it is more important than ever for organizations to maintain good governance practices."

He added, "The center for corporate governance will act as a one point gateway for audit committees, boards and other governance professionals seeking tools and information on the latest trends, regulations, and leading practices around corporate governance".

The launch was followed by a panel discussion on the topic - "Board Effectiveness: An Independent Director's View". The panel comprised experts from the industry, who shared their perspectives on the topic and brought to fore insights on whether there is a need for major regulatory changes to improve corporate governance and if improved standards of corporate governance should be achieved through the adoption of principle based standards of conduct.

The web site is accessible through the following URL: www.corpgov.deloitte.in is an online resource that offers regularly updated, balanced governance information for board of directors, c-suite executives, investors, attorneys and others interested in governance.

Notes to the editor

In this press release references to Deloitte are references to Deloitte Touche Tohmatsu India Private Limited (DTTIPL), a Company established under the Indian Companies Act, 1956, as amended.

DTTIPL is the member firm of Deloitte Touche Tohmatsu, a Swiss Verein, whose member firms are legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its member firms.


CONTACT DETAILS
Malika Kumar, Manager, Corporate Communications, Deloitte, + 91 9899087649, malkumar@deloitte.com
Prachi Singh, Account Executive, 20:20 MEDIA, +91 9999746112, prachi@2020india.com

KEYWORDS
CONSUMER, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, TECHNOLOGY

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