Cyril Amarchand sets up Corporate Governance think tank headed by former SEBI Chairman UK Sinha

Cyril Amarchand Mangaldas has set up a Corporate Governance Center (CAM – CGC), which will be led by former SEBI Chairman UK Sinha as “Senior Advisor” to the firm and the CAM-CGC..The CAM – CGC, being the first of its kind, will be the centrepiece of the firm’s thought leadership and advisory initiatives in the area of corporate governance..As a Think Tank, it will undertake continuous study and research on complex and nuanced issues pertaining to governance..The initiatives of the CAM – CGC will be wide ranging and will include providing specialized, bespoke board advisory services, assisting companies in setting up internal governance procedures and controls, representation in shareholder/ activist engagements engaging with Indian and international stakeholders and training of board members and senior management, according to the firm release..Cyril Shroff, the Managing Partner of the Firm, has advised multiple boards over the years and is also a member of the recent SEBI Committee on Corporate Governance under the Chairmanship of Uday Kotak..The CAM – CGC will also build a team and have several subject matter experts roped in to provide comprehensive, holistic and effective governance advice to clients..On the institution of the CAM – CGC and appointment of U.K. Sinha, Cyril Shroff said,.“With the setting up of the CAM – CGC, we are taking our Corporate Governance practice sharply to the next level. We believe that this has the potential to be an independent practice like in western markets. We see governance related conversations becoming more frequent and urgent across Indian corporates, stakeholders and regulators. The answers are never simple and straightforward and require maturity, experience and multi-disciplinary expertise. So this is very exciting for CAM given our focus on this practice over the last few years. .I am very glad to have U.K. Sinha join us as we cross a very important milestone. He brings with him the substance and experience that this practice needs, and which I believe, our clients will immensely benefit from. His scholarly and thoughtful approach will add enormous depth to our offering”..On his appointment to Cyril Amarchand Mangaldas, U K Sinha said,.“Evolution of the regulatory regime concerning Corporate Governance was a very important aspect of my tenure at SEBI. This is a topic that I have significant interest in and I am glad to be getting another meaningful opportunity to contribute to its development. CAM is widely recognized for its leadership on Corporate Governance advisory and I am looking forward to being part of the CAM – Corporate Governance Center and also advising the firm more generally”.