Nigerian Institute Advocates Corporate Governance Improvement
Nigerian Institute Advocates Corporate Governance Improvement

Nigerian Institute Advocates Corporate Governance Improvement

News summary

AdVini's Board of Directors has seen new appointments with Magdeleine Allaume as a Director and Catherine Hostein as an Observer member, both serving six-year terms. Philippe Chapuis was coopted as Director and Chairman of the Strategic Committee, filling the vacancy left by Christophe Navarre. In Nigeria, the Chartered Institute of Directors emphasizes that good corporate governance is essential for economic recovery and growth, particularly amid current challenges like energy inefficiency. Tijjani Borodo, President of CIoD, highlighted the need for sound governance practices to foster accountability and innovation, which are critical for national development. The IoD's upcoming annual conference will address these themes and explore how corporate governance can alleviate the country's economic issues. Collectively, these developments underline the global recognition of effective corporate governance as a pivotal factor in economic resilience and transformation.

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