The Centre For Corporate Governance was established in August 2001 by the Institute of Directors (India) with a view to galvanise good governance practices in corporate and public life. It is affiliated to the World Council For Corporate Governance. Governance is concerned with empowering people, spurring and pursuing innovation and improving efficiency. It addresses conflicts of interest which can impose burdens on the enterprise. Ensuring transparency, and probity in corporate affairs can make a major contribution to improving business standards leading to increased market capitalisation.

Issue of corporate governance has assumed even greater relevance in the post 11 September world. The corporations today have a vested interest in making the world safe for the business. The rampant corruption and corporate misgovernance are alienating the civil society from the corporations. This is the last thing that we can afford in the era of globalisation. This lends an urgency to implementation of good governance practices. It’s importance in India is even greater because of the recent scams in India’s financial and corporate sector. The crisis of confidence created by this has severely jeopardised our ability to attract investment, in particular the foreign investment, so vital to bring about India’s economic transformation.

Vision
The vision of Centre For Corporate Governance is to become known as the dominant centre for study and application of principles of good Corporate Governance.

Mission
The mission of the Centre For Corporate Governance is to create a culture of transparency, probity, integrity and accountability in decision making both in corporate and public governance.

Objectives 
The primary objective of CFCG is to improve the functioning of corporations and the credibility and liquidity of stock markets by promoting research and practice of Corporate Governance Principles. The centre will undertake the following functions.

(a) Formulate Codes for Good Corporate Governances in govt. trade and industry.
(b) Advise Govt and industry on best practices in good Corporate Governance.
(c) Conduct research relating to best practices in Corporate Governance internationally.
(d) Organise Seminars, Conferences, and workshops to create awareness in the Indian Corporate Sector on the need for good Corporate Governance.
(e) Establish linkages with International and Commonwealth organisations working in the area of Corporate Governance to harmonize and consolidate a practical and pragmatic approach to Corporate Governance universally.

Patron
Lord Swraj Paul, Chairman, Caparo Group, UK

Board of Governors

Chairman
Justice M. N. Venkatchaliah, Former Chief Justice of India & Chairman, Constitution Review Committee

Vice Chairman
Dr. P. L. Sanjeev Reddy, IAS, Former Secretary, Department of Company Affairs

Members
Lt. Gen.(Retd.)J.S., Ahluwalia, PVSM, Vice President, Institute of Directors
Proshanto Banerjee, CMD, GAIL
S M Bhola, CEO, NQAQSR Ltd.
Pradeep Chaturvedi, Advisor, UNIDO
Vinod Dhall, IAS, Secretary, Dept of Company Affairs, Govt. of India
S K Gupta, CMD, VSNL
C P Jain, CMD NTPC
Ashok Kapur, IAS Principal Secretary, Govt. of West Bengal
A.K. Khosla., Chairman, GEC (India) Limited
S S Kohli, CMD, Punjab National Bank
Dr. Madhav Mehra, President, World Council For Corporate Governance
D R Mehta, IAS, Chairman, SEBI
Raghu Mody,Chairman, Rasoi Group, President ASSOCHAM
Dr. S. P. Narang, Secretary, ICSI
Dr. S Narayan, IAS, Secretary, Dept of Revenue, Ministry of Finance, Govt. of India
Arvind Pande, CMD, SAIL
M A Pathan, CMD, IOCL
Yogendra Prasad, CMD, NHPC
Subir Raha, CMD, ONGC
K G Ramachandran, CMD, BHEL
Dr. M R Rao, Director, IIM (Banglaore)
Dr P V S Jagan Mohan Rao, President, ICSI
Dr. A N Saksena, Former Financial Advisor, Ministry of Petroleum
Narinder Sharma, CMD, MTNL
R P Singh, CMD, PGCL
Joginder Singh, IPS, Former Director, CBI
U Sundararajan, CMD, BPCL
V Suresh, Chairman,HUDCO
D K Varma, Chairman, SCOPE & CMD, RCF Ltd.
J C Khurana, Director General, WCFCG