Getting the right PSB heads | The Financial Express#.VGvpK6NhRYs.gmail#.VGvpK6NhRYs.gmail

Getting the right PSB heads | The Financial Express#.VGvpK6NhRYs.gmail#.VGvpK6NhRYs.gmail

MY VIEW:
Government
should aim at a long term policy for succession plans at higher levels in
government and pubic sector and guide private sector which are dependent on
public funds and government support to adopt transparent norms for top level
appointments.
The policy
should, besides factoring in eligibility criteria and skill requirements take
into account:
(i)               
The need to allow extended
periods beyond the present retirement age so that any appointee is able to
continue at the post for a minimum of 5 years. For the purpose changes in the
present retirement age may be necessary. The retirement age in India has not
been revised upwards for a long time for various reasons.
(ii)             
To make succession smooth,
empanel prospective candidates sufficiently early and allow her/him to join six
weeks to six months in advance of the retirement of the person whom s/he will
succeed.
(iii)           
Make  those appointed as CMDs/CEOs and other
positions like Chief Justice, CAG etc ineligible for appointment to positions
eligible for remuneration for a minimum period of 2 years post-retirement.
Compensating them with some allowance or pension during this period would be in
order.
(iv)           
GOI should also think in terms
of creating a Talent Pool, or at least a database by drawing candidates from
public and private sectors from which candidates can be short-listed for
considering  for appointment to various top positions.
M G WARRIER, Mumbai

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