A group African Corporate Governance Network(AGGN) is holding a corporate governance conference in Lagos on Monday, July 20.
An arm of the Institute of Directors in Africa, the body is organising the forum to bring together players in the public and private sector in the continent to discuss ways of resolving corporate governance problems affecting profit and non- profit institutions, as well as ensuring that firms put in place mechanisms that would prevent untimely closure of businesses.
Director-General, IoD Nigeria, Mr Victor Banjo, said the initiative would help in strengthening business practices on the continent, and re-position companies for profitability.
He said ACGN is a network of IoDs and similar institutions, committed to enhancing effective corporate governance and ethical leadership in Africa, adding that the body has 16,000 directors as members from various African countries.
He said the officials of ACGN and representatives of member- organisations will be in Nigeria for the event.
The key speaker is Prof Deon Rossouw, Chief Executive officer, Ethics Institute of South Africa. Also billed to speak at the event are director-generals of various Institute of Directors in Africa.
He said ACGN is expected to sign a Memorandum of Understanding(MoU) with the African Stock Exchange Association(AESA).