IoD Nigeria seeks to strengthen corporate governance

By Sodiq Adelakun

The Institute of Directors Nigeria, says it has concluded its North America Board Governance Summit in Ontario, Canada to foster insightful discussions and promote best practices in the realm of corporate governance.

This was confirmed in a statement which states the summit themed, ‘The Chair, the CEO and leadership responsibilities,’ was attended by delegates from the Central Bank of Nigeria, First Trust Mortgage Bank Limited, Shell Nigeria Closed Pension Fund, Boff & Company Insurance Brokers Limited, Wemabod Limited, Tiddo Securities, among others.

The Director-General and Chief Executive Officer of the Institute of Directors Nigeria, Mr Dele Alimi, said, “The three-day summit, successfully held between Wednesday 26 and Friday, July 28, 2023, and was unanimously adjudged ‘impactful’ by participants due to the richness of the content, the high quality of the resource persons and the practicality of the delivery methodologies.”

According to Alimi, the delegates departed with plans of action to translate the learning into actions on their boards, as they reinvented their boards, management practices and leadership pipelines across all operational levels in their organisations.

He added that the institute had evolved to meet the changing needs of the business world through avenues such as the summit.

“We have developed other innovative programmes and initiatives, which provide a rigorous framework for recognising and enhancing the skills and experience of directors across various sectors of the Nigerian economy,” he said.