ACGPN inducts 95 fellows, associates, members
The Association of Corporate Governance Professionals of Nigeria (ACGPN) has conferred fellowship, associateship, membership and graduate membership on 95 persons at its maiden induction in Lagos.
A statement by the Registrar/Chief Executive Officer of the professional body dedicated to raising, certifying and developing corporate governance practitioners in the country, Femi Mosaku-Johnson, said the inductees were educated on corpate guidance and standards.
The guidance, Professional Conduct in Corporate Governance, he noted, supports the key role members play in helping clients to comply with their obligations and their broader responsibilities to the society.
The document is tied to five fundamental principles namely: Ethics, probity, professional competence and due care; accountability an professional behaviour.
The keynote speaker/ Lagos State Commissioner for Establishments, Training and Pensions, Akintola Benson Oke, backed the vision of the association and lauded its founders for their efforts.
President/Chairman of Council, Mazi Sam Ohuabunwa, stressed that without corporate governance, no meaningful development could be achieved in the country.
He noted that with the existence of corporate governance, Nigerians could hold their own anywhere in the country and elsewhere.
Mosaku-Johnson, however, said ACGPN had set out professional and ethical standards to guide other professional bodies. Governance professionals, he noted, owe a duty to the society and their clients.
His words: “Our professional rules have recognised this, for example, in requiring the correction of past errors. However, social expectations of behaviour in relation to corporate governance have evolved significantly in recent years.
“Fundamental professional obligations to act with integrity and uphold the reputation of the profession and of clients would not be met if our rules did not also change to recognise this.”
He went on: “We believe these new standards for corporate governance will achieve an appropriate balance – making clear to organisations violating corporate governance standards – that this behaviour is not acceptable, while enabling the vast majority of professionals to continue undertaking responsible corporate governance for their clients to help ensure that our country is better for it.”
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