Indra Nooyi, PepsiCo Chairman and CEO has become the first independent female director to be appointed to the ICC Board (International Cricket Council). She is all set to join the board in June 2018 to align with the term of the ICC independent chairman.
Nooyi’s appointment is a part of a series of constitutional changes which intend to improve the governance of the sport on a global level. The appointment of an independent director, who must be a female, was approved by the ICC in June 2017. Nooyi will be appointed for a term of two years. However, she can be re-appointed for two further terms, since there is a maximum six-year consecutive period of service.
As the Chairman and CEO of PepsiCo, Indra Nooyi is responsible for a global food and beverage portfolio that includes 22 brands – Frito-Lay, Tropicana Quaker, Gatorade, and Pepsi-Cola among others. She has been consistently ranked among the World’s Most Powerful Women by Fortune Magazine and was behind PepsiCo’s Performance with Purpose vision that aims for sustainable business strategies and delivering top-notch financial performance.
On her appointment, Indra Nooyi was quoted as saying: “I love the game of cricket. I played it as a teenager and in college, and to this day, I cherish the lessons the game taught me about teamwork, integrity, respect, and healthy competition. I am thrilled to join the ICC as the first person to be appointed to this role. And I look forward to working with my colleagues on the board, ICC’s incredible partners, and cricketers around the world to grow our sport responsibly and give our fans a new reason to follow every ball and shot.”
ICC Chairman Shashank Manohar added: “We are delighted to welcome Indra to the ICC. Adding another independent director – particularly a female – is such an important step forward in improving our governance. To have someone of Indra’s calibre is fantastic news for the global game – she is recognized as one of the most influential people in business today, running one of the world’s biggest corporations.