ICSAN insists corporate governance crucial to organisation growth
The President and Chairman of Institute of Chartered Secretaries and Administrators of Nigerian (ICSAN), Samuel Kolawole has tasked both the public and private organisations across the country to promote corporate governance as it remains an integral part of any organisation to move forward.
Kolawole, who made the appeal at the 44th Annual General Meeting of the Institution, said that any organisation that promotes good corporate governance is helping to build the country’s economy.
“To attract foreign investments into the country, they want to be sure of what we are doing and confidence that they are safe. So, any organisation that is involved in promoting good corporate governance is helping to build the economy because corporate governance helps to build the trust in the economy that when they bring their money there won’t be issue of mismanagement.
“In the institute, corporate governance is one of the modules that confer the right to be a member. There are numerous members of the institute holding several key positions in the private sector and are putting to use, the key elements of good corporate governance.
“We are trying to make sure that the public service understands what proper corporate governance is because corporate governance is not just about private companies and institutions.
“We are engaging government, civil service across the country to ensure that those who are in charge of the affairs in this country understand what corporate governance is all about and they’re encouraged to apply the corporate governance practices to ensure that the nation moves forward,” he said.
Giving account of stewardship, Kolawole said his administration has improved on legacy laid by his predecessors saying, “in continuance of the practice established in 2016, the institute held her Mandatory Continuing Professional Education programmes in multiple locations as against the previous year.
“Another major innovation we implement in the year 2017 was the introduction of the e-voting system for our Council election. Also 2017, our AGM was taken outside Lagos for the first time.”