An Advisory Board is a collection of individuals who besides their stature and eminence bring unique knowledge and skills which augment the knowledge and skills of the formal board of directors and more effectively guide the organization. The Advisory Board is not expected to govern the organization rather, it provides insights, poses challenging questions and make recommendations and/or provide key information and materials to the board of directors.

A properly composed and structured Advisory Board can be a tremendous complement to the effectiveness of the board of directors/ staff as it works to carry out a specific initiative.

Since the Board of Directors has ultimate governance authority for the organization, the Advisory Board is able to focus specifically on identified programs, issues, initiatives etc.  and give nuanced and bespoke advice and support to the organization. Each Advisory Board will have a term of three (3) years. The Chamber is in the process of finalizing the names.

             Dr. Ajit Ranade
             Chief Economist
         Aditya Birla Group

          Mr. Ramesh NGS
              CEO and MD
Stock Holding Corporation of India