Women Directors constitute 1/4th of SCI Board
MUMBAI: Pursuant to the orders of the Ministry of Shipping, Shri Rajesh Sood and Smt. Sangeeta Sharma have respectively assumed charge of the post of Director (T&OS) and Director (L&PS) of The Shipping Corporation of India Ltd (SCI) with effect from 21st December 2017.
Section 149 of the Companies Act 2013 (Corporate Governance norms) and SEBI circular dated 17.04.2014 mandates the appointment of at least one Woman Director on the Boards of listed companies. With the induction of two Directors, the total number of Directors on SCI Board has increased to twelve and notably the number of women Directors on SCI Board has increased to three.
On this occasion, Capt. Anoop Sharma, C&MD congratulated the Directors and said “I am extremely proud to state that Women Directors as on date constitute 25% of the SCI Board in comparison with the global average of 15% women representation on Corporate Boards.”
He also added “SCI has regularly been recruiting women professionals across Divisions/Departments and has been supportive & sensitive to the requirements of its women employees.”
According to a research conducted on the subject by a leading global consultancy firm, the number of women on corporate Boards in India in 2017 has increased to more than 12% from 7% in 2013.
SCI is happy to be a part of this phenomenal growth, said a SCI release.