Board for Public Sector Transformation

RIAB, constituted in 1994, executes State Owned Enterprise Reform Initiatives. It has worked in association with National and International Agencies such as Commonwealth Secretariat, Commonwealth Association for Corporate Governance, OECD, Global Corporate Governance Forum, UNDP and the Academy of Corporate Governance. RIAB also carries out macro level fund management, monitoring and performance management of SOEs. RIAB is renamed as BPT(Board for Public Sector Transformation) with G.O(MS) No. 64/2023/ID dated Thiruvananthapuram, 05-09-2023