Home India Ministry of Civil Aviation IICA jointly with DG Resettlement (DGR), Ministry of Defence...
Date: 2026-03-23 Category: Press Release State: Union Government Country: India

IICA jointly with DG Resettlement (DGR), Ministry of Defence, successfully concludes its Fourth Batch of the Directors' Certification in Corporate Governance for Defence Officers

Issued by Ministry of Civil Aviation · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** The Indian Institute of Corporate Affairs (IICA) and the Directorate General Resettlement (DGR) concluded the fourth batch of the "Directors' Certification in Corporate Governance for Defence Officers" on March 20, 2026. This two-week programme at the IICA Manesar campus trained 30 senior officers from the three armed services, bringing the total number of officers trained since August 2024 to 120. The initiative aims to transition military leadership into the corporate sector to support the national vision of Viksit Bharat 2047. **Key Points / Main Content** **Programme Overview and Scope** * The certification is a two-week intensive programme designed for senior officers from the Army, Navy, and Air Force. * This fourth batch marks the training of 120 total officers since the programme's inception in August 2024. * The curriculum focuses on translating military leadership experience into the corporate domain. **Curriculum and Technical Focus** * **Regulatory Frameworks:** Participants are familiarised with the legal and regulatory frameworks governing companies. * **Governance Roles:** Instruction covers the specific responsibilities of Independent Directors and their fiduciary duties. * **Management Essentials:** Training includes financial oversight, risk management, and Environmental, Social, and Governance (ESG) principles. * **Experiential Learning:** Officers engage in direct interactions with practitioners and serving Independent Directors to gain insights into corporate realities. **Strategic Vision** * The programme is situated within the broader "Viksit Bharat 2047" national vision. * It seeks to build a professional network of corporate leaders, practitioners, and peers. * The initiative emphasizes that transitioning military leaders bring discipline, strategic thinking, and integrity to corporate boards. **Impact Analysis** **Senior Defence Officers** **Impact** Officers receive the technical knowledge and regulatory understanding required to serve as Independent Directors. They gain access to a professional network of corporate leaders and peers, facilitating a transition from military service to corporate governance roles. **Action Required** Officers are encouraged to stay connected with the IICA and their peers to contribute to a growing community dedicated to corporate governance excellence. **Indian Institute of Corporate Affairs (IICA) and DG Resettlement (DGR)** **Impact** These organizations have successfully established a meaningful post-retirement pathway for military personnel. The collaboration strengthens the link between the Ministry of Defence and corporate regulatory education. **Action Required** The IICA must continue providing academic leadership to ensure participants gain a deep understanding of corporate responsibilities and maintain the thematic context of the training. **Corporate Sector and Organisations** **Impact** The sector gains access to a pool of experienced military leaders capable of building stronger, more responsible institutions through their discipline and commitment to integrity. **Action Required** The document implies the corporate sector will integrate these trained officers into governance roles to support the development of a resilient India.

Key Entities Referenced

Directors' Certification in Corporate Governance for Defence Officers: A specialized certification programme designed to equip senior Indian Armed Forces officers with the legal, regulatory, and financial expertise required for corporate leadership and independent director roles. Indian Institute of Corporate Affairs (IICA): The primary educational institution that conducts the training and provides academic leadership in corporate governance, risk management, and ESG principles for transitioning defence officers. Directorate General Resettlement (DGR): The inter-service organisation under the Ministry of Defence responsible for partnering with educational institutes to create meaningful post-retirement career pathways for military personnel. Viksit Bharat 2047: The national vision document that frames the integration of disciplined military leadership into the corporate sector as a key pillar for developing resilient national institutions.
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Ministry of Civil Aviation IICA jointly with DG Resettlement (DGR), Ministry of Defence, successfully concludes its Fourth Batch of the Directors' Certification in Corporate Governance for Defence Officers Posted On: 23 MAR 2026 8:47PM by PIB Delhi The Indian Institute of Corporate Affairs (IICA), in partnership with the Directorate General Resettlement (DGR), Ministry of Defence, successfully concluded the Fourth Batch of the Directors' Certification in Corporate Governance for Defence Officers on 20th March 2026, at the IICA Campus in Manesar, Gurugram. The two-week certification programme had 30 senior officers from all three services of the Indian Armed Forces. Since its inception in August 2024, the programme has now trained a 120 officers in four batches. The programme aimed to provide the necessary tools for officers to translate this leadership experience into the corporate domain — familiarising participants with the legal and regulatory frameworks governing companies, the responsibilities of Independent Directors, financial oversight, risk management, ESG principles, and fiduciary duties. Interactions with practitioners and serving Independent Directors offered participants experiential insight into corporate leadership realities.The certificate ceremony held on 19th March 2026 was graced by Smt. Sukriti Likhi, Secretary, Department of Ex-Servicemen Welfare (DESW), Ministry of Defence, as the Chief Guest, under the Chairmanship of Shri Gyaneshwar Kumar Singh, Director General & CEO, IICA. The DG & CEO, IICA underscored that the programme offers participants not only technical knowledge but also the opportunity to build a professional network of experienced corporate leaders, practitioners, and peers that will be invaluable as they transition into corporate roles. He encouraged the officer participants to stay connected with IICA and with each other, contributing to a growing community of defence officers advancing corporate governance excellence across India.The Secretary, DESW commended the collaboration between IICA and DGR in creating meaningful post- retirement pathways for defence officers, and appreciated the academic leadership of IICA in ensuring that the programme equips participants with both the knowledge and the deeper understanding of responsibilities associated with corporate governance. The Secretary situated the programme within the broader national vision of Viksit Bharat 2047, emphasising that the transition of experienced military leaders into corporate governance roles represents not merely a career shift but a continuation of national service, and that by bringing their discipline, strategic thinking, and commitment to integrity into the corporate sector, these officers will contribute to building stronger organisations and more responsible institutions — both essential pillars of a developed and resilient India. Dr. Niraj Gupta, Head, School of Corporate Governance and Public Policy, IICA, and Programme Director, set the thematic context at the outset of the programme. Dr. Anindita Chakrabarti, Principal Research Associate, IICA, led the proceedings of the programme. **** NB/ONP (Release ID: 2244185) Visitor Counter : 120 Read this release in: ही

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