Gatekeepers of Governance – Corporate Governance Summit 29th – 30th November, 2018 Hotel Trident, Bandra Kurla Complex, Mumbai Summit Introduction: Mr. M Damodaran Chairperson, Excellence Enablers Private Limited and Former Chairman, SEBI Inaugural Address: Mr. Anand Mahindra Chairman, Mahindra Group Inaugural address: Mr. Uday Kotak Managing Director and CEO, Kotak Mahindra Bank Inaugural Session - Corporate Governance – Has Form Overtaken Substance? Is an increasingly prescriptive regime, which leads to box- ticking, the antithesis of good Corporate Governance? Will it legitimise a lowest common denominator approach? Panellists M Damodaran – Moderator Chairperson, Excellence Enablers and Former Chairman, SEBI, UTI and IDBI Anand Mahindra Chairman, Mahindra Group Uday Kotak Managing Director and CEO, Kotak Mahindra Bank Winners and Sinners – Through the Lenders’ Lens Concerns on asset quality are uppermost in the minds of lenders and regulators. Going forward, how will banks sift the grain from the chaff? Panellists Sunil Mehta – Moderator Non-Executive Chairman, Punjab National Bank Rajnish Kumar Chairman, State Bank of India Pramit Jhaveri CEO, Citi India Boards and CEOs – Who Wears the Pants? The relationship between the Board and the management ought to be one of constructive tension. Who provides the leadership? Who wears the pants? Panellists Leo Puri – Moderator Former Managing Director, UTI Asset Management Company Subodh Bhargava Former Chairman, Tata Communications Rostow Ravanan Managing Director and CEO, Mindtree Accounting – The Death of Innocence? Accounting standards the world over are continuously undergoing change to reflect correctness and completeness and to usher in more transparency. Are we seeing the death of innocence? Panellists PR Ramesh – Moderator Chairman, Deloitte Haskins & Sells LLP YH Malegam Former Chairman, National Advisory Committee on Accounting Standards and Former Member of Board, Reserve Bank of India (RBI) Rashesh Shah Chairman and CEO, Edelweiss Group Board Committees – Making them Count Board committees exist to assist the Board in superintendence, direction and control. Are they doing enough or merely going through the motions and thoughtlessly legitimising management action? Panellists S Sandilya – Moderator Chairman, Eicher Group Arun Nanda Chairman, Mahindra Lifespace and Mahindra Holidays Amit Chandra Managing Director, Bain Capital Private Equity Corporate Communication – When Silence is not Golden When things go wrong, as they sometimes will, is bad news and corrective action quickly getting communicated? Or is corporate leadership maintaining studied silence and creating space for speculation? Panellists Nawshir Mirza – Moderator Former Senior Partner, M/s S. R. Batliboi & Co. Ishaat Hussain Former Non-Executive Director, Tata Sons Apurva Purohit President, Jagran Group Plenary Session – Discussion between Mr. M. Damodaran and members of audience Governance and Performance – Two Peas in a Pod? Is good governance a necessary condition for sustainable performance? Is their relationship causal or casual? Here or To Go – Menu Options for IDs The laundry list of duties, responsibilities and liabilities in Schedule IV of the Companies Act, 2013 and SEBI (LODR) Regulations is itself overwhelming. The risk of staying on a Board has increased. The rewards are proposed to be capped. Should IDs stay or go? Panellists M Damodaran – Moderator Chairperson, Excellence Enablers and Former Chairman, SEBI, UTI and IDBI Arundhati Bhattacharya Former Chairman, State Bank of India (SBI) Sanjay Nayar Member and CEO, KKR India Two Tier Boards – Has their Time Come? The prospect of criminal action against Non-Executive Directors could lead to significant exits from fiduciary Boards. At the same time, the wisdom and experience of these Directors could positively impact companies. Are Two Tier Boards the way out? Panellists TV Mohandas Pai – Moderator Chairman, Manipal Global Education R Gopalakrishnan Former Director, Tata Group companies .