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The Chief of Staff of the Presidency, Mr. Julius Debrah, has urged board members of state institutions and corporate entities to view themselves as the originators of their institutions’ success.
He emphasized that people must view themselves as the originators of the institution’s success in addition to the prestige of being on the board. He reiterated that the reason for this was that management typically acts in accordance with the board’s instructions.
This was said by Mr. Debrah when he officially launched the Boardroom Governance Summit 2025 at the Presidency in Accra.
The Summit focuses on increasing corporate governance accountability and solid boardroom practices. It aims to set a new standard for the discussion of corporate governance in Ghana and elsewhere.
Mr. Debrah stated that attendees of the Boardroom Governance Summit would be able to discuss, plan, and observe the most effective ways to run their organizations and businesses.
Mr Debrah said the Boardroom Governance Summit would enable participants to discuss, strategize and see how best to run their institutions and companies.
“So as a nation, we have to remind ourselves, what are we doing right and what are we doing wrong?” he said.
Mr Debrah said President John Dramani Mahama intended that all board members reinvigorated their activities and actions and should refrain from relaxing.
The Presidency, he said was mindful that various institutions were having orientation programmes for their board members, but such members should also take the national Summit seriously as it would be a platform where synergies would be drawn, good lessons would be learnt, and international good practices would be shared, which would enable them run their board effectively.
He reiterated the Government’s support for the Boardroom Governance initiative, adding that it would ensure that the summit succeeded, because “we want to reset the country.”
Professor Douglas Boateng, Convenor of the Boardroom Governance Summit, said Ghana had never lacked vision or policies, but what Ghanaians had lacked were governance structures and resilience agendas.
Madam Marietta Agyeiwaa Brew, the Senior Legal Advisor to the President, said the importance of the Governance Summit must be emphasized because without effective boardroom governance, it was trite that their institutions, councils and commissions would crumble.
She said as a government, effective boardroom governance was an important aspect of its reset agenda.
She noted that if the nation’s commissions, councils and institutions were strong; waste and corruption would be reduced; adding that there would be efficiency and effectiveness in the nation’s institutions and overall, economic sustainability and development.
“Effective boardroom governance for us is not an option. It is a must,” Madam Brew said.
“And so, we hope that eventually, when the summit is held there will be fruitful deliberations and effective and good decisions that will assist us in our reset agenda.”
Source: myghanadaily
