SIGA to Partner Institute of Directors for Public Sector Leadership Series
The State Interests and Governance Authority (SIGA) has announced plans to commence a development and knowledge sharing leadership series in partnership with the Institute of Directors Ghana (IoD-Ghana).
The initiative which is aimed at improving corporate governance at all levels and instilling a culture of accountability will project examples of best practices and case studies for participants to learn and enhance their skills and experiences.
Ambassador Edward Boateng; Director General of SIGA disclosed this whilst speaking at 2022 Directors Conference organized by IoD-Ghana under the theme; “Good Corporate Governance and Effective Stakeholder Engagement; Critical ingredients for Sustainable Growth”.
According to the SIGA boss, the series will provide a consistent platform for knowledge sharing, governance practice review, case study analysis and discussions on adopting selected academic papers relevant for the leadership and management of Specified Entities and the Public Sector for the benefit of professionals and students training in the field. He said “The platform is to afford SOE’s the opportunity to share their stories and performance with professional directors and students as a strategic imperative to improve good governance outcomes”.
Amb. Boateng, commended IoD-Ghana for organizing the conference on governance in these critical times and highlighted the need for such sessions to help find innovative solutions to the challenges and adaptation of best practices. He also disclosed SIGA’s resolve to improve performance in the Specified Entities by utilizing existing tools such as the Performance Contract System which has began, the draft Code of Corporate Governance, the Smart Workplace Digital Tool which enhances smart work and the development of the database of Specified Entities to enhance collaboration.
Dignitaries present at the conference were the Minister for Public Enterprises; Hon. Joseph Cudjoe, the Managing Director of Bulk Oil Storage and Transportation (BOST); Mr. Edwin Alfred Provencal and the CEO of Driver and Vehicle Licensing Authority (DVLA); Mr. Kwesi Agyeman Busia.
SIGA is supervisory body set up by government to oversee its interest in the Specified Entities to ensure adherence to corporate governance and profitability. Established in 2019 by an Act of Parliament, SIGA ACT 2019 (ACT 990), the authority is poised to lead government’s aim and target of driving Specified Entities to contribute significantly to the nation’s GDP.