Bharti Airtel Reveals Two New Independent Directors to Become a Part of its Board

PK Sinha is a retired IAS officer and as mentioned above served as the Cabinet Secretary for more than 4 years before moving to the Prime Minister's Office. He took his retirement after 44 years of service for this nation in March of the last year.

Highlights

  • Bharti Airtel has announced the appointment of two new independent directors on its board.
  • Lead Independent Director Manish Kejriwal would be retiring on September 25, 2022.
  • D. K. Mittal would be designated as Lead Independent Director with effect from September 26, 2022.

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Bharti Airtel

The Indian multinational telecommunications service provider Bharti Airtel has announced the appointment of PK Sinha and Shyamal Mukherjee as Independent Directors on its Board of Directors. The appointments now need to be approved by the shareholders during Airtel's upcoming Annual General Meeting. While PK Sinha has served as the cabinet secretary for over four years, Shyamal Mukherjee is the former Chairman and Senior Partner of PwC India. The board of directors will be seeing more changes this year which has also been confirmed by the company.

The Changes in the Board

PK Sinha is a retired IAS officer and as mentioned above served as the Cabinet Secretary for more than 4 years before moving to the Prime Minister's Office. He took his retirement after 44 years of service for this nation in March of the last year. He has been a government nominee Director in numerous major Public Sector Undertakings and is well acquitted with the principles of healthy corporate governance.

Shyamal Mukherjee on the other hand is the former Chairman and Senior Partner of PwC India and was at the forefront of making PwC a future-ready firm. Shyamal became a part of the PwC in 1984 and made a partner in 1993 and has served in multiple leadership roles since then. Shyamal also serves as an Independent Director on the board of ITC Ltd and a member of its Audit Committee.

Apart from these, Bharti Airtel has also announced that the Lead Independent Director Manish Kejriwal would be retiring on September 25, 2022, on completion of his second tenure. Shishir Priyadarshani will also be leaving the board with effect from October 31, 2022, and retired IAS D. K. Mittal would be designated as Lead Independent Director with effect from September 26, 2022.

The Chairman at Bharti Airtel at Sunil Bharti Mittal stated that Airtel takes pride in having one of the most distinguished Board of Directors that is committed to high standards of corporate governance. He further informed that these appointments are made with a long term view - to make the board future-ready, address the long term requirements of the Company and ensure a smooth transition in key board positions.

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Anupam has been a tech enthusiast for a while and is always on the feet to know about the new launches whether it is smartphones or any other devices. He’s trying to share this passion with the help of his writing skills. Apart from these he’s also a pursuing freelance digital artist and loves creating artworks.

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