Demand for company secretaries to increase manifold

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SummaryThe demand for company secretaries would increase manifold once the Companies Bill.

The demand for company secretaries would increase manifold once the Companies Bill, 2012, is passed in Parliament, President of the Institute of Company Secretaries Nesar Ahamad said today.

There were only about 32,000 company secretaries at present, he said and to meet the huge demand, the ICSI would train even those who had completed intermediate level of examination and provide them a certificate so that they would be able to do part of the company secretary's job.

The ICSI planned to open coaching centres in reputed colleges and Universities,where the faculty members would do the teaching work as part of its goal to increase membership strength, provide best training to students, and also help students study CS course along with their degree.

Besides centres would be opened in mofussil towns in order to enroll more students.

Nesar said the new syllabus for executive and professional programme which laid emphasis on financial management, compliance management, corporate governance and ethics would be introduced from February one next.

The students who had completed foundation examination and common proficiency test, held by Charted Accountants/any other accountancy institution of India, would be eligible to join the CS executive programme.

He said several African countries including Nigeria, Kenya and Tanzania, had shown interest for student exchange programmes.

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