The Institute of Directors-Ghana (IoD-Gh) has inducted 37 new members after an on-line orientation session for direct admissions.
Mr Rockson K. Dogbegah, President of the Institute, in his induction speech, cautioned the inductees to exhibit true ethical leadership, especially in the wake of the COVID-19 pandemic not to be losers.
He said it was necessary for the inductees to re-orient themselves and be creative and innovative so they could get strong hold of their strategies and be at the winning side after the pandemic.
Mr Dogbegah congratulated them for successfully completing the orientation, which was a key requirement to become members of the Institute.
He said though the pandemic made it impossible for them to meet face to face and also negatively affected the health and socio-economic lives of the people, “it has also forced us to start thinking creatively and innovatively to ensure business continuity.”
Mr Dogbegah said it was necessary for directors to provide the appropriate ethical and effective leadership that would inspire hope and confidence and to ensure business continuity and success at this difficult moment.
He said this was the time to hold in high esteem the health and safety of employees and also invest more in area of digital infrastructure for continuity of business.
“There will be trust deficit amongst stakeholders due to the mega disruptions caused by the pandemic, which has halted productivity across value chains, which may make it impossible to meet some of your obligations,” he stated.
Mr Dogbegah urged the inductees to be good Ambassadors of the Institute so that its mandate of creating awareness on best practices in Corporate Governance and to champion excellence in directorship would be achieved.
Mr Fred Aryeetey, the Chief Executive Officer (CEO) of the Institute entreated the new members to patronize the Institute’s virtual platform.
The participants were taken through topics such as Board dynamics, Conflicting roles of the Board, Challenges of a Board, Features of Winning Companies, Failing and underperforming companies, Forces leading to change in Director Performance, Board Ethics and, Shareholder evaluation
Source: Ghana News Agency
