Osinbajo, others urge young directors on corporate governance
Vice President of Federal Republic of Nigeria, Professor. Yemi Osinbajo, wants young directors and corporate leaders to deepen the practice of sound corporate tradition for good governance.
Osinbajo stated this during the 2021 annual directors conference with the theme: “Creating the future: deepening corporate governance practice through multi-sector and multi-general collaborations”, organised by the Institute Of Directors (IOD).
Osinbajo, who was represented by Head of the Civil Service of the Federation, Dr. Folasade Yemi-Esan, said:
“Conscious efforts and strategic planning are key in the quest to deepen the practice of sound corporate governance. In this direction, the Institute of Directors must remain proactive and at the forefront of promoting effective governance through the mentorship and building of the capacity of younger talents.
In her address, President and Chairman of Governing Council, IoD Nigeria, Dr. Ije Jidenma, noted that they have set up a young directors forum to encourage young ones in building capacity so that they can be mentored by older directors in terms of the way to go about their business.
She said: “We will encourage and build their capacity specifically to be mentored by older directors in terms of their businesses, as some may have ideas but lack knowledge of the processes and procedures required to facilitate their ideas. We will help them to do that so that their businesses will not only thrive today but are sustainable for the future.”