Evolving Role of General Counsel as the Torchbearer of Ethical Practices: An Indian Experience

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Evolving Role of General Counsel as the Torchbearer of Ethical Practices: An Indian Experience

Rajeev Uberoi, Group General Counsel & Group Head - Legal & Compliance, Infrastructure Development Finance Company, India

Today’s General Counsel is truly a global counsel who may deal with laws, documentation, governance along with issues ranging from corruption and fraudulent practices amongst stakeholders to concerns about corporate reputation, prosecution threats to executives and other employees. General Counsel have even assumed the critical role of ethical watchdog, tasked with ensuring corporate compliance with applicable law, as well as understanding the political and cultural landscape in which the company operates. This article elucidates on how the General Counsel in India is slowly but surely turning into a statesman who is expected by the management to uphold the corporate integrity and yet dexterously navigate the regulatory environment to facilitate the right kind of growth.

Dr. Uberoi is an MBA with a degree in law and a Phd in Economics .He brings along 30 years experience in the banking industry with commercial, central and foreign banks. He has been closely associated with Indian Bankers Association and has been on various committees of Reserve Bank of India ad IBA related to risk and compliance.

IDFC Limited is India's leading integrated infrastructure finance player providing end to end infrastructure financing and project implementation services. Since our inception in 1997, IDFC has embraced the mandate of 'Enabling India'. IDFC works closely with government entities and regulators to advise and assist them in formulating policy and regulatory frameworks that support private investment and public-private partnerships in infrastructure development.

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