Maiden Biennial Corporate Governance and Enterprise Development Conference

Theme: Corporate Governance Best Practices: Imperative for Business Sustainability

Check Comments from the Speakers

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Mrs Yemisi Edun Managing Director of FCMB

No business could stand the test of time without sound corporate governance practices. Micro-businesses also require the same to achieve optimum performance and sustainable growth. Small businesses should therefore imbibe corporate governance practices. Mrs. Edun listed the long-term benefits of sound corporate governance practice as strong band equity, decreasing risks, reducing capital cost, and enhanced performance. She added that only businesses with solid corporate governance practices could stimulate economic growth and enhance innovation while protecting communities and the environment in their daily activities.

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Professor Sunday OwolabiFormer Deputy Vice-Chancellor, Babcock University

Corporate Governance is doing the right thing when no one is looking. Businesses are therefore urged to self-regulate and embrace full disclosure and accountability. Sustainability is becoming a major challenge and problem. Sustainability is a process where we meet today’s needs without compromising tomorrow’s needs.

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Dr. Adeyinka Hassan FCIS, FCIA, F, Iod, MNIM (Public Notary) Founder/CEO

More than 100 companies in Nigeria have fizzled out due to corporate failures, there are companies we knew when we were growing up that are no more. They are all gone due to lack of a well-structured board and lack of good corporate governance. No matter how small a business is or how fast a business is growing, there are certain things that must be done to sustain a business beyond the life of the owner, that is where corporate governance comes. We need to preach it to everyone.

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Mr victor Osadolor Chairman, AEDC

We can't overstate what corporate governance can do for businesses. In times of crisis, we tend to remember corporate governance. In challenging times, for instance COVID challenged a lot of businesses as to things that can be done differently and we find out that quite a number of businesses that were not ready for the challenges fizzled out.

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Alhaji Tijani Borodo President, CIOD

Corporate Governance and Sustainability are critical for the existence of the country like Nigeria.

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Lady Maiden Alex-Ibru Chairman, The Guardian

Sustainability of The Guardian for decades has been the result of compliance with the code of corporate governance. Managing a news corporation or company is different from other private sectors. Media management is peculiar and unique. Now, we are moving beyond the newspaper, while sticking to the rules of corporate governance, to enhance our success. Corporate governance includes a lot of discipline, transparency, honesty and other rules. Without Corporate Governance, we can't have a successful business and it is universal.

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