Vice President Calls for Good Governance at ICSI Foundation Day Celebration

New Delhi, October 4 (Daily Kiran) : Vice President CP Radhakrishnan addressed the 58th Foundation Day of the Institute of Company Secretaries of India (ICSI) on October 4 at Bharat Mandapam in New Delhi. He extended his best wishes to the ICSI community and praised the institute’s nearly six-decade journey toward strengthening transparent, ethical, and inclusive corporate governance.

Radhakrishnan noted that the transformation of the institute reflects the growth of the profession, which plays a crucial role in enhancing corporate transparency, investor confidence, and India’s position in the global economy.

In an era dominated by artificial intelligence, advanced data analytics, and rapidly evolving business models, he urged company secretaries to act as “guardians of governance,” maintaining the legal, strategic, and ethical foundations of Indian companies.

“Technology can change how information is generated and decisions are supported, but integrity, accountability, transparency, and responsibility remain fundamentally human,” he stated.

The Vice President described trust, transparency, and corporate governance as the “invisible framework” of the modern economy, emphasizing that investor confidence is essential for sustainable economic progress. He highlighted the central role of company secretaries in enabling responsible growth for enterprises, startups, family businesses, and listed companies.

Radhakrishnan underscored that robust institutions and good governance are as critical as physical and digital infrastructure in building a developed India. He emphasized the complementary roles of ICSI, ICAI, and ICMI in creating a strong corporate and economic ecosystem as India aims for development by 2047.

He called for increased opportunities for youth to enter the profession and praised ICSI’s fee waiver initiatives, urging continued engagement with students. The Vice President also launched the MSME Compliance Calendar for 2027 and commended ICSI’s initiatives for MSMEs and startups, including the ICSI MSME and Startup Catalyst.

Additionally, he recognized ICSI’s contributions to the National Defence Fund and the Armed Forces Flag Day Fund under the “Daughter of a Martyr” initiative, stating, “When the intent is good, everything turns out well.”

Radhakrishnan encouraged ICSI to uphold the trust placed in the profession and contribute to building a strong, self-reliant India by 2047. He advocated for India to aim to become the world’s largest economy, not to impose conditions on others, but to ensure no unwanted conditions are imposed on India. He concluded by invoking the familiar principle of “Satyam Vada, Dharmam Chara” and extended his best wishes to all ICSI members on their foundation day.

The event was attended by dignitaries including ICSI President CS Pawan Chandak, former Rajya Sabha MP Dr. Sonal Mansingh, and ICSI Secretary CS Ashish Mohan, among others.