Frequent changes at the helm of the National Highways Authority of India (NHAI) has created issues of functional continuity. The authority’s chairman, Deepak Kumar, is the fourth in a span of two years.
Experts said shorter tenures of chairmen were a hindrance in decision making and affected investor confidence. Road companies said heads of organisations that do not stay for a longer period or complete their stipulated tenure refrain from taking responsibility.
Adil Zaidi, partner, economic development, and infrastructure advisory, EY, said: “From investors’ point of view, a chairman’s tenure should be at least three years. They want someone with a