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Corporate Governance
Sector Update
CII list of Ethics & Compliance Officers as also Head of Procurement of member companies.
May 20, 2014 ( Article )

CII has been working in the area of transparency and integrity in governance since the last three years.

One of our first initiatives was to come out with a Code of Business Ethics which we circulated to all our members for implementation on a voluntary basis. Following this, CII is now in the process of coming out with a publication on Best Practices on Compliances in member companies.

CII has also taken /are taking several initiatives to minimize corruption. It has suggested simplification of policy/procedures to bring in more transparency in operations particularly in natural resources allocation, it has provided inputs to the Parliamentary Standing Committee on Law & Justice for framing of laws such as the Lok Pal Bill, it has organized several interactions and seminars, it has developed a course curriculum on ethics and values. It works closely with the Government and Central agencies dealing with corruption, it engages with International agencies such as the World Bank, UN agencies and the OECD. Many other initiatives are in the offering and members would be kept advised.

One of the initiatives we are taking is to draw up a list of Ethics & Compliance Officers, as also Head of Procurement of our member companies. The idea is to organize regular meetings of Compliance Officers and Procurement Officers in different cities so that they can exchange experiences. CII would also keep them advised of initiatives in the area of governance.

May we request members, both in public and private sector, to let us have information on –

A.      Name of their Compliance Officer, Designation, Phone number, Email Address and City of positing

B.      Name of Head of Procurement, Designation, Phone number, Email address and City of posting

Please do write to CII to Mr. S Sen at s.sen@cii.in. Incase you have already sent the details to CII, please ignore.  

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