Source: The Nation, 26th Sept. 2017
The 10th annual conference of the Society for Corporate Governance Nigeria will hold on Wednesday, September 27. The theme is ‘Institutionalisation of Corporate Governance as a tool for National Economic Development.’
Its Director, Professor Fabian Ajogwu, said the theme will x-ray the practice of corporate governance in public and private sectors, its impact on businesses, and economic development.
He added that corporate governance and economic development are interdependent, yet intertwined through the process of economic reforms, noting that effective corporate governance mechanisms promote the development of strong financial systems.
This year’s conference will have as its main speaker, Professor Mervyn King, chairman, King Committee on Corporate Governance, a body that produced the King’s Code I, King II, King III and King IV in South Africa.
King, a Senior Counsel (Silk), and former Justice of the Supreme Court of South Africa, is expected to share his insight in corporate governance.
The conference, to be chaired by Mr. Pascal Dozie, is expected to attract captains of industries, chairmen and directors of boards, company secretaries, members of the diplomatic corps, regulators and other stakeholders. It will also provide a platform for investors and government officials to deliberate on business opportunities despite economic challenges.
“Corporate Governance has gone from a good-to-have system to a must-have. It defines the health, growth and sustainability of the enterprise. Over the years, the Society for Corporate Governance Nigeria, a non-profit organisation, has continued to deploy its resources to enhance knowledge and the practice of corporate governance best practices and ethics in Nigeria, through research and publications on the subject of corporate governance, intensive learning programmes for board chairmen and directors, seminars and breakfast meetings; and legislative advocacy in the field.
‘’Fellows and members of the society have played one role or the other in the issuance of most of the existing codes of corporate governance in Nigeria, starting from the pioneer Code of the Securities and Exchange Commission under the chairmanship of Mr Atedo Peterside; and the Nigerian Communications Commission Code under the chairmanship of Professor Fabian Ajogwu, SAN, among other codes,” a statement from the society read.