City and Industrial Development Corporation - Organization

Organization

The corporation is controlled by a board of directors appointed by the state government. Day-to-day management is provided by the vice chairman and managing director supported by a team of joint managing directors, made up of the chief administrator (New Towns), the heads of various departments and personnel from various technical and non-technical disciplines, including officers, engineers and subordinate staff.

The corporation is managed according to the Companies Act and the Memorandum of Articles of Association of the Corporation. Decisions are made through a democratic process including department-head meetings, committee meetings, board meetings and general meetings. Annual reports on the working and affairs of the company, with audit reports, are regularly laid before the houses of the state legislature. The Board of Directors of CIDCO meets at least once a month.

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