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IoD to engage young directors, entrepreneurs on corporate governance 

By Gloria Nwafor
16 November 2021   |   2:58 am
The Institute of Directors (IoD) Nigeria has said that the 2021 edition of its yearly directors’ conference would focus on the significance of engaging new generation directors, young entrepreneurs

The Institute of Directors (IoD) Nigeria has said that the 2021 edition of its yearly directors’ conference would focus on the significance of engaging new generation directors, young entrepreneurs and the public sector in the quest to deepen the practice of sound corporate governance.
 
Chairman, National Organising Committee of the conference, Lamis Dikko, who said this at a press meeting, said the theme, ‘Creating the Future: Deepening corporate governance practice through multi-sectoral and multi-generational collaborations’, resonates with the global demand for inclusiveness, board quality, effectiveness and accountability to accelerate growth through corporate governance in the private and public sectors.

 
He said the two-day event, which will hold from November 23 to 24 at the Transcorp Hilton, Abuja, will have serial entrepreneur and Chairman, Heirs Holding, Tony Elumelu, as the keynote speaker; Vice President, Prof. Yemi Osinbajo, as Special Guest of Honour to declare the conference open and the Chairman of BUA Group, Abdul Samad Rabiu as chairman of the opening session, among other guests of honour and notable speakers. 
 
He added that the event would be broken into four plenary sessions with each of addressing the following sub-themes: ‘The Nexus Between Young Directors, Entrepreneurial Development and Nigerian Economic Recovery and Growth’, ‘Unlocking Millennial Directors’ Potential: The place of Technology and Growth beyond Borders’ and ‘Corporate Governance and the challenge of SMEs Failures: Prescriptions for Entrepreneurs’ and ‘Driving Strong Corporate Governance Standard through Public and Private Sector Partnership’.
 
Earlier, the institute’s President and Chairman of the Governing Council, Dr. Ije Jidenma, said the conference was one of the major tools of advocacy and engagement of the institute. 
 
She said the theme was chosen as a deliberate effort to deepen the awareness and practice of sound corporate governance.

Jidenma highlighted that as Nigeria continued to grapple with the challenge of governance both in the private and public sectors, the government at various levels had failed to live up to the expectations of the citizens.
 
She said corporate failures in various sectors of the economy had led to the running down of companies consequent loss of jobs and investments.