Econ­o­mist Dr In­dera Sage­wan says changes to state boards fol­low­ing a change in gov­ern­ment are nor­mal, but new ap­pointees must pos­sess the skills and ex­pe­ri­ence nec­es­sary to lead in­sti­tu­tions ef­fec­tive­ly.

Sage­wan, who is serv­ing on the Cen­tral Bank’s board of di­rec­tors for a three-year term end­ing in No­vem­ber 2028, made the com­ments on CNC3’s The Morn­ing Brew yes­ter­day, amid a se­ries of lead­er­ship changes at state-owned com­pa­nies and agen­cies, in­clud­ing re­cent de­vel­op­ments at Her­itage Pe­tro­le­um, where chair­man Kurt Ram­lal re­signed.

Sage­wan said boards play a crit­i­cal role in the di­rec­tion of state in­sti­tu­tions.