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Chartered secretaries at The Guardian, to tackle corporate governance issues

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Chairman Governing Council, ICSAN, Samuel Kolawole

The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), Lagos State chapter yesterday charged organisations to ensure that they promote good corporate governance practices that align with international best practices.

Chairman of the institute, Francis Olawale, who stated this when the executives paid a courtesy visit to The Guardian headquarters, said corporate governance has been in existence for a long time but has had several challenges in the past.

He said the relevance of corporate governance was only being recently felt in the country, adding that the failure of corporate governance was caused by organisations, groups and even the nation at large, through corruption and other endemic vices.

To tackle the menace, Olawale restated the need for institutionalisation of corporate governance practice, which was why the Lagos chapter of the institute was organising a business meeting on the subject matter.

“Corporate governance starts from the home. It is from corporate governance that we talk about transparency and accountability. Looking at the bigger picture now, failure of corporate governance comes from organisations, groups and even from the nation,” he stated.

Chairman, conference planning committee, Olufemi Sokan, said the institute’s quarterly meeting was tagged: Investing In Corporate Governance: The Pathway To Sustainability.

He told The Guardian that it would have the Deputy General Manager, Legal Services, Federal Airports Authority of Nigeria (FAAN), Bridget Gold as speaker, while Company Secretary and Legal Adviser, Mutual Benefits Assurance Plc, Jide Ibitayo and Partner, Philips Consulting, Paul Ayim, would be co-speakers.

The business meeting holds on Thursday, June 7, 2018 at 10am in Lagos.

Sokan said: “One of the ways to tackle corruption and all vices that have become endemic, is to ensure corporate governance is in place. It brings about checks and balances and when people get into positions, it realise that there are watchdogs.”

Vice Chairman of the institute, Nkechi Anyimah, said ICSAN was taking a step further by extending its tentacle to the public sector and since then the partnership and collaboration with the public sector has been cordial.


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