The development of a National Corporate Governance Code by the Institute of Directors-Ghana (IoD-Gh) for organizations across the country is in the offing.
This is according to President of IoD-Gh, Rockson Dogbegah.
Speaking to norvanreports about the new initiative, Mr Dogbegah, posited that the National Corporate Governance Code when fully developed will provide organizations in the country a single source code of good corporate governance practices.
“The Institute is currently embarking on several initiatives to promote good governance in the country and one of them is engaging stakeholders to develop a national corporate governance code where organizations will feed into one single source of code of practice as far as corporate governance is concerned,” he stated.
Mr Dogbegah notes that, the National Corporate Governance Code is to further promote good corporate governance culture in organizations and also to avert potential corporate failures.
Mr Dogbegah made the assertion during the launch of the Institute’s Week Celebration for this year.
The Institute’s Week Celebration is an annual event that brings Directors and members of the Institute together to build their capacity, network and share ideas on how to promote Directorship and professionalism in their various spheres of influence.
The Institute of Directors-Ghana is a professional body with the core mandate of training, providing consultancy services, research, advisory services, and advocacy in corporate governance.
For two decades, the Institute has championed Director interests impacting the local Corporate Governance landscape with support from its partner, the International Finance Corporation (IFC).