In a swift response to several corporate governance challenges faced by operators in both the private and public sectors, DCSL, a specialised secretarial and training firm, will be strengthening its campaign towards a sustainable corporate governance practise with the launch of its new academy.
The academy is established with the aim of enthroning corporate governance practices across several sectors and also equip those who have the responsibilities within the governance framework to ensure compliance in delivering their respective responsibilities.
Briefing newsmen recently in Lagos on motives behind the establishment of the academy, Bisi Adeyemi, managing director, DCSL, enthused that considering the gross importance of corporate governance to organisation’s output and the public sector in general, the firm deemed it fit to deepen its ongoing campaign with the establishment of an academy.
“We are of the opinion that corporate governance serves as a tool for ensuring accountability, transparency, responsible and ethical management of resources,” Adeyemi said, adding that good corporate governance impacts positively on a company’s operations and acts as a panacea for corporate failure.
Continuing, Adeyemi noted that as part of the firm’s campaign for a sustainable corporate governance in the public sector, it had liaised with some regulators such as the Nigerian Stock Exchange (NSE), Financial Reporting Council (FRC) and still talking to more. “This is because we believe that if these people have been given the responsibility of regulating operators in any sector by law they should apply corporate governance in discharging their duties,” she maintained.
Commenting on the Academy’s curriculum, Oluseun Oluwole, head, training and business development unit, DSCL, disclosed that the Academy would run on three modules in July, August and in September.
Some of the topics to be taught at the academy include: Compliance with the various Codes of Corporate Governance, succession planning, effectiveness of company secretaries, understanding financial statements, listing and reporting requirements, stakeholders management, among others.
On the impact of the Academy, Adeyemi contended that the Academy would assist participants to have a better understanding of the principles of good corporate governance and equip them with the knowledge required to assist their respective organisations to imbibe these principles for the overall benefit of all stakeholders.