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Preeti Malhotra

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Preeti Malhotra
Occupation(s)Partner & Executive Director, Smart Group [1]
Known forFormer President, Institute of Company Secretaries of India (2007) www.icsi.edu

Preeti Malhotra (born 1965) is an Indian businesswoman, a Partner and Executive Director of Smart Group [1] (formerly known as Spice Global),[2] a diversified conglomerate, headquartered at Singapore with interests in the mobility, finance, entertainment, electric vehicles and healthcare sectors. The group has its footprint across India, China, ASEAN, Middle East, US, UK and Africa.[2]

She is on the board of several companies of the group. An Accomplished global professional, Preeti has over 25 years of experience in Corporate & Legal affairs, Corporate and business strategy, strategic alliances & JVs, corporate communications & project management etc.

Ms Malhotra is the first ever woman President of the Institute company secretaries of India (ICSI).[3] She has been active in the field of corporate governance and was a member of the JJ Irani Committee[4] in 2005 constituted by the Ministry of Corporate Affairs, Government of India, to advise the government on the Company Law. She is currently chairing the ASSOCHAM National Council on Corporate Affairs, corporate Governance and CSR.[5]

Currently, she is also a member of the Board of Governors of the Indian Institute of Corporate Affairs, a body of the Ministry of Corporate Affairs, Government of India.[6]

Early life

After completing her schooling from Convent of Jesus of Mary, New Delhi in 1982, Preeti Malhotra graduated with honours (Bachelor’s in Commerce) from Delhi University in 1985. She obtained her law degree from Delhi University in 1988 and a degree in Company Secretary from ICSI in 1991.[7]

Career

Preeti Malhotra started her professional career with Modi Xerox/Xerox Modicorp Limited as Company Secretary. She was also the Company Secretary of Modi Telstra Limited, Modi Federal Limited, Spice Communications.[8] In addition, she was appointed as the Director & company secretary of Spice Mobility ltd. in 2002 [9] and Executive Director with Smart Ventures Ltd.[10] Subsequently, she became Executive Director of Smart Global Holdings Pvt. Ltd.

Preeti has been an active contributor to various policy initiatives of the Govt. Of India. When she was a member of the JJ Irani Committee in 2005 constituted by the Ministry of Corporate Affairs, Government of India, her suggestions on issues related to incorporation and registration of companies, as well as management and board governance, were taken on board.[11] She also gave inputs to the government in the drafting of the Limited Liability Partnership Law. She was invited by OECD to speak at the Asian round Table Discussions on Corporate Governance in 2005 and 2006.

She was elected as a member of the NIRC and became the First Woman Chairman of the NIRC in 2002.[12] Preeti then went on to be elected as a Central Council Member of the ICSI for two terms and in 2007 she became the first-ever woman president of the Institute of Company Secretaries of India (ICSI) - a record that stands to date amongst all premier national professional bodies in India.[3]

Milestones

  • First ever Woman President of the ICSI.[citation needed]
  • As president of the ICSI, she launched an e-learning portal to help students looking to pursue company secretary education in rural and remote areas.[13]
Introduction of virtual classrooms through internet-enabled phones.
Setting up of six secretarial standards for boardroom governance.
MoU with Bombay Stock Exchange for dissemination of knowledge through training programs.
Launch of 24X7 helpline for students.
  • Member, Dr. JJ Irani Committee.[11]
  • Member of the National Advisory Committee of Accounting Standards in India (NACAS) in 2007
  • Member of the governing council of National Foundation for Corporate Governance (NFCG) in 2007
  • Founder-Member, Global Citizen Forum [14]
  • Member, Board of Governors of the Indian Institute of Corporate Affairs.[6] This is the think tank, research, service delivery & capacity building arm of the Ministry of Corporate Affairs (Govt. of India) [15]

Awards and recognition

  • Bharat Nirman Talented Ladies Award in 2003.[16]
  • Vocational Service Excellence Award by Rotary Club of New Delhi in 2009.[5]
  • “Recognition of Excellence Award” - She received it on behalf of ICSI as its Past President during the Celebration of India Corporate Week 2009 by Ministry of Corporate Affairs.[5]

Corporate Social Responsibility

Preeti has been strongly committed to the cause of establishing and building Corporate Social Responsibility amongst the Indian corporates. As Chairperson of the ASSOCHAM National Council for Corporate Affairs, Corporate Governance and CSR she has instituted the

  • ASSOCHAM CSR EXCELLENCE AWARDS
  • ASSOCHAM Corporate Governance awards.

She is strong advocate of inclusive growth & gender parity and is a Founder-Member of the Global Citizen Forum [14] which a not for profit organization working towards creating One interconnected world. Going beyond nationality, gender, religion and boundaries.

References

  1. ^ http://www.smartgroup.com
  2. ^ a b "Index". www.smartgroup.com. Retrieved 16 December 2016.
  3. ^ a b "Archived copy". Archived from the original on 1 August 2014. Retrieved 8 May 2013.{{cite web}}: CS1 maint: archived copy as title (link)
  4. ^ Corporate Governance. 5 November 2011. ISBN 9788120344761.
  5. ^ a b c http://in.reuters.com/finance/stocks/officerProfile?symbol=SPCL.BO&officerId=1468327
  6. ^ a b http://iica.in/About_Us/iica_board_of_directors.aspx
  7. ^ http://investing.businessweek.com/research/stocks/people/person.asp?personId=29758083&ticker=WSF:IN&previousCapId=20997121&previousTitle=WALL%20STREET%20FINANCE%20LTD
  8. ^ http://www.bseindia.com/corporates/anndet_new.aspx?newsid=869a69bd-368e-45ba-b372-909be68802b3&param1=1
  9. ^ http://www.si2imobility.com/spicemobiles/board-directors
  10. ^ "Archived copy". Archived from the original on 15 April 2015. Retrieved 28 June 2015.{{cite web}}: CS1 maint: archived copy as title (link)
  11. ^ a b Prasad (June 2006). Corporate Governance. ISBN 9788120329782.
  12. ^ http://www.thehindubusinessline.com/todays-paper/tp-opinion/bright-prospects-for-practising-company-secretaries/article1648812.ece
  13. ^ D, Murali (4 November 2007). "E-learning will benefit students from rural, remote areas: ICSI". The Hindu Business Line. Retrieved 23 August 2013.
  14. ^ a b http://www.gcfnetwork.org
  15. ^ http://www.mca.gov.in/MinistryV2/iica.html
  16. ^ http://www.bharatnirman.org/awards.html

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