Govt looking for successor to Sinha as SEBI chief - Moneylife

Govt looking for successor to Sinha as SEBI chief - Moneylife

My VIEW:

Succession plans for top level in statutory bodies and PSUs should get more attention.
At this stage of development, induction of external talent at various levels in organisations which have to handle a variety of specialised work needing different skills, though should not be made a regular feature, cannot be avoided. For government with constraints including those about compensation and need for transparency in procedures, it becomes all the more tough to fill top level vacancies like the one now advertised for. In the present scenario, government should consider formalising maintenance of ‘Talent Pool’ for different specialised jobs, from atomic research to field level studies for improving agriculture practices, which could be accessed by organisations in public and private sectors and government in times of need. While procedures and processes are unavoidable, maintenance of such talent pools for different disciplines will give an idea as to who can compete/aspire for what position.

M G Warrier

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