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ICSAN expands frontiers in governance field, unveil practitioners’ stamp

By Gloria Nwafor
19 April 2022   |   4:02 am
Practitioners who gathered at this year’s Governance Practitioners’ Day, organised by the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), have proffered ways to expand their frontiers of knowledge in governance field.

Lynda Onefeli (left); Francis Olawale; Dr. Adeyinka Hassan; Vice President, Funmi Ekundayo; President, Taiwo Owokalade; Registrar, Taiwo Olusesi and Olatunde Busari, all members of the Governing Council of the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), during the launch of the body’s practice regulations and stamp in Lagos.

Practitioners who gathered at this year’s Governance Practitioners’ Day, organised by the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), have proffered ways to expand their frontiers of knowledge in governance field.

This is just as the institute unveiled its practitioners’ stamp and guide to further deepen corporate governance measures in institutions.

President of ICSAN, Taiwo Olowokalade, said the need for professionals to brainstorm on issues and how the profession had fared over the years was paramount.

He said the theme ‘Practical steps to boosting relationship with regulators’ was important at this time, especially with the launch of the stamp and guide to be able to differentiate those who are legitimate practitioners.

Olowokalade said the instrument would confer respectability and credibility on members of the institute and practitioners.

He said practitioners should confront fundamental issues headlong, adding that they should find fulfillment in wanting to practice the governance profession.

In his keynote address, Executive Secretary/Chief Executive Officer, Financial Reporting Council of Nigeria (FRCN), Shuaibu Ahmed, represented by Director/Head, Directorate of Accounting Standards, Private Sector, Titus Osawe, said governance practitioners must take practical steps to boost relationship with regulators as there were immense benefits to both parties and the macro-economy at large.

He tasked ICSAN to continue to pilot the governance practitioners in their journey to gain access to some regulators by providing necessary assistance to establishing, maintaining and boosting the relationships.

The Registrar-General, Corporate Affairs Commission (CAC), Garba Abubakar, said an effective relationship with regulators was critical to assuring an enabling environment for businesses to further their purposes and for regulators to preserve the integrity of the business landscape.

Earlier in his remark, Chairman of the occasion, Managing Director, Punch Newspapers, Ademola Osinubi said the event will help in building capacity; enhance skills and interface with regulators and engender constructive engagements.