𝗧𝗵𝗲 𝗞𝗚𝗔𝗖 𝘁𝗲𝗮𝗺 has been working with Financial Institutions, and we cherish the moment when we see more recruitments in this space.
We extend our best wishes to all compliance professionals, welcoming new ones and viewing it as a growth opportunity in the financial sector.
We send our heartfelt wishes to all compliance professionals.
Today, I would like to share specific excerpts from The Economic Times.
Financial Institutions have increased the emphasis on recruiting legal and compliance professionals for leadership positions.
According to the Economic Times, there has been a noteworthy sixfold surge.
All this is because of a recent regulatory focus. ( We have consistently written and worked on these lines about RBI regulations.)
Companies are strengthening their in-house legal teams by appointing Chief Legal Officers, Chiefs of Compliance, and General Counsels.
Vinal Vikamshi, Director of BFSI Corporate Functions at Native, has quoted in the Economic Times that there is notable turnover within legal and compliance functions due to the ever-changing regulatory landscape and evolving governance structures.
Shweta Vora Sheth Head of Compliance-Corporate Practice Group at the executive search firm Vahura, emphasized the growing importance of skilled senior compliance professionals, particularly as financial institutions, including banks and NBFCs, navigate intricate regulatory frameworks.