When silver is gold for company boards
Business Standard|February 09, 2023
321 company directors are octogenarians, 22 are over 90, largest chunk in 45-60 band
SACHIN P MAMPATTA
When silver is gold for company boards

Some 343 company board directors are old enough to have been around at the time of World War II. There are 321 directors who are in the age bracket of 81-90 years, according to data from primeinfobase.com. Another 22 on company boards have crossed 90.

However, there are many in corporate India hanging up their boots. Larsen and Toubro chairman A M Naik is among the recent examples.

Naik indicated in an interview that he would step down as non-executive chairman in October. He's 80.

At present, the largest number of individuals serving on company boards are aged between 45 and 60.

There are 3,930 such individuals. The second largest category is between 6169 years, with 2,673 directors.

Those aged 45 and below account for less than a fifth (17.6 per cent) of the 10,586 individuals for whom data is available. Only 35 individuals are 25 years of age or below.

هذه القصة مأخوذة من طبعة February 09, 2023 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 09, 2023 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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