Akshaya Patra reconstitutes Board of Trustees
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APF sources mentioned, the board felt that there was a necessity for extra innovation and brighter concepts to take the inspiration ahead
Amidst allegations of “serious governance issues”, the Bengaluru-based Akshaya Patra Foundation (APF), which runs the mid-day meals programme for schoolchildren, has reconstituted its Board of Trustees with new non-executive members.
The Board of Trustees was reconstituted not too long ago after former Infosys Director Mohandas Pai and Raj Kondur, one other trustee, determined to half methods with APF, over sure inner points. Another non-executive trustee, Abhay Jain, had knowledgeable the inspiration of his willingness to go away over private points, sources mentioned.
Former chairman of Central Vigilance Commission and former chairman of Central Board of Direct Taxes K.V. Chowdary has joined the board as a non-executive member. The different non-executive members are former Secretary to Human Resource Department Anil Swarup and former Managing Director and Chief Executive Officer of Thermax M.S. Unnikrishnan.
The APF has additionally arrange a brand new audit committee that may now embody Mr. Chowdary and Kaushik Datta, former accomplice, PwC. A launch mentioned that one other distinguished individual will probably be added to the audit committee.
“There are serious governance issues with the running of Akshaya Patra Foundation. Some of us brought them to the attention of the Chairman and Vice-Chairman, but they did not pay any attention. There are also internal forces trying to stifle our voices so that nothing is heard outside. In this context, I thought it was better to disassociate with such an organisation,” Mr. Pai advised The Puucho on the explanations for his choice.
APF sources mentioned that the board had been reconstituted because it was additionally felt that there was a necessity for extra innovation and brighter concepts to take the inspiration ahead.
Meanwhile, Chairman of APF Madhu Pandit Dasa, in a launch, mentioned, “The outgoing trustees – Mohandas Pai, Abhay Jain, V. Balakrishnan and Raj Kondur – have rendered extraordinary service from the days of inception in 2000. We are immensely grateful to them for their dedication and invaluable guidance. We welcome new trustees and members of the audit committee.”
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