I am all for working as a team and believe in delegation instead of centralization of work since it is the precondition of creating a workplace that is productive and efficient. Efficiency can be increased by moving decision-making responsibility to the frontline with limited supervision. To make frontline responsibility effective, colleagues should be given an opportunity to develop quality decision-making skills.

As a regulator we must be aware of the changes taking place in the regulatory, economic and financial environment globally. So it is important to incorporate proactive actions in our vision and strategy and preempt things. All of us must be aware of the changes in the world and take actions proactively so that disasters do not happen and enough preparedness is already there for upcoming challenges.

I am confident that we have the requisite mix of skills, education and talent within the organization to face the current turbulent times and must come up with the best possible solutions in the best interest of the investors and other stakeholders. I must mention that turf issues are rampant within our organisation which need to be eliminated. All we need to do is to actively pursue the objectives with efficiency, proactiveness and transparency.