Launch of the 4th IoD-Gh Corporate Governance Excellence Awards

The fourth edition of the Corporate Governance Excellence Awards has been launched.

This year’s edition was launched on the theme “Good corporate governance and ethical leadership: a
Requirement for organizational recovery ”. The event, which took place on July 9, 2021, took place virtually.

The main event is scheduled to take place on November 19, 2021.

Speakers at the event included the President of the Institute of Directors-Ghana (IoD), Mr. Rockson K. Dogbegah and Vice-Governor of the Bank, Elsie Awadzi, who was the guest speaker.

The rewards program is the initiative of IoD-Ghana. It aims to identify, recognize and celebrate the achievements of individuals and organizations who represent excellence in leadership, sound corporate governance practices and who have also made a significant contribution to the socio-economic development of Ghana. whether they are members of the IoD-Gh or not. .

Speaking at the launch, Dr Awadzi noted that “the overarching objective of the awards is to uphold the professionalism and development of directors in order to pursue best practices in good corporate governance for the benefit of organizations and managers. stakeholders and for Ghana’s prosperity “.

At the launch, Mr. Rockson Dogbegah said that “the objective of the IoD-Gh rewards program is developed as an educational framework which is an assessment based on the results of the code of best practices in corporate governance”.

He further underlined the importance of the mandate of director in the corporate governance system.

“Management plays a key role in creating wealth and value for nations. The board of directors is the focal point of the corporate governance system and is legally mandated to direct and oversee the success of the organization. Good
Corporate governance contributes to improving organizational efficiency. Directors provide leadership to ensure a good culture of sustainable corporate governance to promote responsible economic growth and innovation.

He therefore urged the leaders of public and private sector organizations in the Ghanaian economy to improve their capacity to strengthen systems for good governance.