Business News of Thursday, 2 September 2021Source: thebftonline.comThe Institute of Directors-Ghana (IoD-Ghana) president, Rockson Kwesi Dogbegah, has said that corporate governance training should be made mandatory for both the public and private sectors so that they function effectively in their various institutions. He noted that the tussle often observed between the Chief Executive Officers (CEOs) and Board Chairman, especially in state-owned institutions, result from a lack of good orientation toward board business. In July 2021, when the finance minister disclosed that SOEs were not demonstrating good corporate governance, some 47 of those SOEs since 2016 have failed to submit their outstanding financial statements in blatant contravention of the law,” Mr Dogbegah bemoaned. He urged them to be good ambassadors of corporate governance, take their duties seriously and help promote the culture of good corporate governance wherever they find themselves. Meanwhile, IoD-Ghana and IoD-Zimbabwe have signed a Memorandum of Understanding (MoU) to deepen relationships across the continent.
