CII Convened the 1st Roundtable Interaction between Chief Vigilance Officers (CVOs) of the Public Sector and their counterparts, the Compliance Officers from the Private Sector recently. It was organised in partnership with Vigilance Study Circle, Delhi and NCR chapter.
First among a series of similar interactions that are being planned for the next year - these interactions will seek to identify and deliberate enablers and barriers towards setting up compliance and transparency best practices both within the private and public sector.
Key issues that were discussed during this Interaction included Leveraging technology, structure and autonomy of Vigilance related administration, promoting preventive vigilance, creation of conducive compliance climate, business ethics and fraud risk prevention and Forensics.
Salil Singhal - Co-Chair, CII Agriculture Council and CMD, PI Industries Ltd - Welcomed the guests and spoke of the growing awareness and commitment of the private sector in setting up transparent governance by employing compliance officers, mandating the whistle-blower policies and building organisational structures that have confidence in redressals and management protection.
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