Women Corporate Directors grouping opens chapters in India

MUMBAI: Women Corporate Directors (WCD), the largest global community of women corporate board directors, has forayed into India and established its chapters in Mumbai and Delhi.

WCD-India, as it is called, would serve as a networking platform for both existing and prospective women corporate directors.

"After the Companies Act mandate, 2015 and 2016, have seen an unprecedented increase in the number of women joining corporate boards in India," WCD said in a statement.

"A forum such as WCD where women can network, interact, learn and share information is therefore both relevant and timely," it added.

WCD has more than 3,500 members serving on more than 7,000 boards around the world.

"We need a forum where sitting directors have an opportunity to engage and collaborate with their peer group, discuss issues relating to governance and risk, discover international best practices and most importantly network in a safe environment," WCD India chair Ranjana Agarwal said.

The WCD foundation has 70 chapters around the world with seven more to launch over the next year.

The aggregate market capitalisation of public companies on whose boards WCD Foundation members serve is over $8 trillion.