Former Dean of the GIMPA Law School, Kofi Abotsi has been made an honorary fellow of the Ghana Institute of Directors.
At an event held at the Kempinsky hotel to induct new members, Kofi Abotsi together with four other distinguished personalities, was inducted into the institute as an honorary member.
The honor was in apparent recognition of his contributions to the development of corporate governance and his scholarship in the field.
The Institute is a pivotal body that champions the development of corporate governance in Ghana and works to advance the interests of directors and companies in Ghana.
Presidential Transition Act
In a related development, the Institute of Directors Ghana, is advocating the amendment of the Presidential Transitional Act to allow board members and chief executives of key government institutions stay in office after a change of government.
This the Institute believes will result in a good corporate governance practice in the public sector.
Rockson Dogbegah
President of the Institute, Rockson Dogbegah made the call at the Corporate Governance Conference in Accra under the theme: ‘enhancing and sustaining good corporate governance, the role of stakeholders.’
"We think that in the practice of corporate governance, the current state of the law does not make provision for a succession plan for state enterprises and businesses and there is the need for an amendment. We believe the President is a good corporate governance practitioner with the way he is handling the Economic Management of the country.”
Mr Dogbega added, “The issue of corporate governance is very important and critical because whatever goes on in the public sector has a way into the private sector. Secondly, we want the appointment of Chief Executives to be a sole preserve of the Board of Director's and not by partisan like the way we see it.”
The 2019 Corporate Governance Conference is focusing on issues relating to the management of state and private institutions with a social impact on individuals.
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