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Welcome to the Institute of Corporate Governance of Uganda (ICGU) |
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The Institute of Corporate Governance of Uganda (ICGU) is a not-for-profit membership based organization.
It was incorporated in December 1998 as a company limited by guarantee and not having a share capital, and was officially launched in October 2000.
The Institute derives its mandate from the Memorandum and Articles of Association. It is governed by an Eleven Member Council composed of:
1. President
2. Vice President
3. Secretary to the Council
4. 8 other Members
The Secretariat is headed by a Chief Executive Officer.
Vision:
An enterprise sector that upholds international best practices in corporate governance.
Mission:
To promote excellence in corporate governance principles and practice.
Values:
1. Ethics
2. Integrity
3. Transparency
4. Accountability
5. Responsibility
Focus:
1. Building national capacity in corporate governance
2. Broad Communication and Awareness
3. Advocacy for Laws and policies
4. Membership development
5. Organisational Sustainability for ICGU
Objectives:
1. Building national capacity in corporate governance.
2. Broad communication to build awareness of the importance and value of corporate governance.
3. Advocacy for targeted laws and policies to enhance corporate governance.
These will be achieved through membership driven participation and provision of the following specific services to members and corporate entities:
1. Training and promotion of probity and effective management with emphasis on transparency and integrity in the business community.
2. Enhancing performance of Boards, Individual Directors and Senior Management in the private, public, and NGO sectors by improving their knowledge, personal development and professional skills, particularly, with regard to their rights, duties and responsibilities and liabilities, for the benefit of all stakeholders.
3. Developing codes of best practice for good corporate governance within the public, private and NGO Sectors.
4. Contributing to capacity building in corporations by imparting good management practices to Directors and Senior Managers.
5. Corporate governance will be both a vital policy instrument for national and regional development and a level of growth of individual enterprises.
6. Providing an effective voice for Company Directors and Senior Management of enterprises in public affairs with effective interest in legislation, economic and social matters to ensure the preservation of basic commercial freedom and prevent abuse of such freedom.
Activities:
1. Conducting and coordinating training for Directors and Senior Management, and enhancing board and management performance, with better understanding of duties and responsibilities for the benefit of all stakeholders.
2. Publishing and disseminating information on Corporate Governance through public awareness lectures, pamphlets, discussion papers, the Institute Journal and other documents associated with the affairs and activities of the Institute and other associated agencies.
Expected Outcomes:
The existence of a dynamic Institute is expected to create an enabling environment to foster trends in:
1. Increased business efficiency, financial probity and transparency for the benefit of all stakeholders of organizations.
2. Increased economic growth and greater trade and investment in East and Central Africa Region.
3. More jobs and higher living standards.
4. Enhanced environment sustainability.
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