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According to data sourced from Prime Database, there are 28 non-India expat CEOs among the 2,521 CEOs cumulatively appointed by 2,048 listed companies at end of FY24. The number of expat CEOs has hovered around the same levels over the past decade with several being individuals of Indian origin.
India Business News: New Delhi: This could be heartening news for women executives aspiring to reach the top as also for the diversity efforts being made by India Inc.
Women Hiring: Widening the talent pool, empowering women to access leadership roles and creating a more inclusive work environment, can drive better business outcomes, said experts.
Deloitte India's recent decision to send 35 senior partners above the age of 55 has sparked debates about ageism in India. However, data indicates that below-40 executives often run the show at new-age companies and startups, with large and complex firms relying on battle-hardened corporate veterans who have negotiated multiple business cycles. In NSE-500 companies, a typical Indian CEO today is 57 years old, similar to data on C-suite occupancy for Fortune-500 firms.
Corporate leaders expect economic recovery to take over a year as the pandemic continues to affect businesses, finds the latest Business Today's Business Confidence Index survey