New Delhi: Hindustan Aeronautics Limited (HAL) and Indian Institute of Corporate Affairs (IICA) signed an MoU to synergise their professional capabilities towards capacity building, education, research and consulting. The two institutions aspire to design and deliver innovative training programs in the area of leadership development, strategy, corporate finance, governance, valuation, mergers and acquisitions etc.

The programs are offered to HAL officers and participants from other organisations. The MoU envisages exchange of knowledge and resources between HAL and IICA for conducting research, training and consultancy sessions.

HAL CMD CB Ananthakrishnan said that HAL Management Academy as apex learning and development centre for officials of HAL, has in-depth understanding of the training needs and takes care of competence development requirement at various levels of the organisation. The MoU will provide a long and sustained collaboration between the two reputed institutions in the spirit of Industry-Academia interface, he added.

IICA's Director General & CEO Praveen Kumar said IICA as a premier institution providing astute and credible intellectual leadership in corporate regulation, governance and running sustainable businesses looks forward to collaborate with HAL as a step to equip CPSEs enhance their competitive edge while operating in a volatile, uncertain, complex and ambiguous environment.

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