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Structure of the Foundation
To effectively execute the policies and programmes, NFCG has a sound internal governance structure capable of delivering the intended outcomes and identifying potential pitfalls: -
The internal governance structure of NFCG consists:
- Governing Council
- Board of Trustees
- Executive Directorate
Governing Council
Governing Council of NFCG works at the apex level for policy making. It is chaired by Minister in-charge, Ministry of Corporate Affairs, Government of India. The members of the Governing Council are: -
- Secretary, Ministry of Corporate Affairs, Government of India - Vice Chairman of the Governing Council;
- Shri N. R. Narayana Murthy, Chief Mentor, Infosys Technologies Limited- Second Vice Chairman of the Governing Council;
- President, Confederation of Indian Industry (CII);
- President, Institute of Chartered Accountants of India (ICAI);
- President, Institute of Company Secretaries of India (ICSI);
- Director General, Confederation of Indian Industry (CII);
- Secretary, Institute of Chartered Accountants of India (ICAI);
- Secretary, Institute of Company Secretaries of India (ICSI);
- Chairman, Indian Banks Association;
- Chairman, Insurance Regulatory and Development Authority;
- Chairman, Securities and Exchange Board of India;
- Special Secretary, Banking, Ministry of Finance; and
- Secretary, Department of Pubic Enterprises.
Board of Trustees
Board of Trustees deal with the implementation of policies and programmes and laying down the procedure for the smooth functioning. It is chaired by Secretary, Ministry of Corporate Affairs, Government of India. The members of the Board of Trustees are: -
- Director General, Confederation of Indian Industry (CII);
- Secretary, Institute of Chartered Accountants of India (ICAI);
- Secretary, Institute of Company Secretaries of India (ICSI); and
- Secretary, Institute Of Cost And Works Accountants Of India (ICWAI).
Executive Directorate
The Executive Directorate provides the internal support to NFCG activities and implements the decisions of the Board of Trustees. The Executive Director is the Chief Executive Officer of NFCG. The Executive Directorate exercises such powers as may be delegated to it by the Board of Trustees to carry out such functions as may be entrusted to it by the Board. The Executive Director also functions as the Secretary of the Council and the Board and is supported by full time dedicated professional secretariat.
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