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Strategies for corruption-free organisation, by experts

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Elebute

Experts have charged directors to begin to think critically and strategically to ensure corruption-free organisations.

They also urged directors never to compromise or give room for any foul play in all their dealings in their respective organisations.

The National Senior Partner and Chairman, KPMG Africa, Kunle Elebute, handed the charge to the newly inducted members of the Institute of Directors (IoD), in Lagos.

Represented by the Partner and Head, Financial Services, Industry Audit and Assurance Group, KPMG Nigeria, Ayodele Othihiwa, Elebute argued that any act of foul play by corporate leaders would not only wreck the corporate image of the organisation, but also the director’s career.

He said for a director to be effective, he or she must communicate the company’s mission and vision, as well as corporate goals in a clear and understandable manner for prudent implementation.

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“Directors must know their limits of power and operations and act in line with corporate objectives. They must know that the business world is digitalised, thus nothing is hidden forever. So, they must consciously avoid any act of inimical to their organisational image,” he said.

The President and Chairman of council, IoD, Chris Okunowo, also told the inductees and business leaders, to uphold good corporate governance principles and be guided by the ethics of the institute at all times in their workplaces and in their business affairs.

Okunowo restated the institute’s goal and policy objectives to maintain a robust and well-grounded advocacy programme that will be based on good research and analysis.

He said the group would engage government to positively influence policy directions towards creating a more business-friendly environment in Nigeria.


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