SCGN restates drive to strengthen corporate governance across sectors

Newly inducted SCGN Fellows with President and Chairman, Board of Directors, Society for Corporate Governance Nigeria, at the 2022 induction ceremony held in Lagos

The President and Chairman, Board of Directors, Society for Corporate Governance Nigeria (SCGN) Muhammad Ahmad, has said that the nine new fellows inducted by the Society will join the society to strengthen good corporate governance across various sectors of the economy and business world.

Ahmad made this statement during the 2022 President’s Annual Dinner and Induction Dinner, held in Four Points By Sheraton, Victoria Island, Lagos, evening recently.

According to him, “The Society will only be as good as the people working in advancing its course. It is for this reason that this event is set aside to induct new members who have gone through a competitive selection process into the Society. As a Society, this event is significant to us as it is the official welcome ceremony and the inauguration of future promoters of good corporate governance.”

The nine inducted fellows are: Yemisi Ayeni, chairperson of NASCON Allied Industries PLC; Basil Efoise Omiyi, Chairman of Seplat Energy Plc and Stanbic IBTC Holding Plc; Adetunji Oyebanji, Managing Director, 11 Plc; Omobola Johnson, Board Chair of Guinness Nigeria Plc & Custodian Investment Plc; and Mallam Munir Ja’afaru, OFR, Director, Novare Fund Managers Ltd and Chairman, Advisory Council of Ahmadu Bello Memorial Foundation.

Others include Nkemdilim Uwaje Begho, Chief Executive Officer, FutureSoft Resources Ltd; Idris Ayodeji Bello, a self-described ‘Afropreneur’ and Founding Partner at LoftyInc Capital; Kayode Falowo, Chairman/Founder, Greenwich Merchant Bank; and Ibrahim Dikko, Principal/Founder of Hitel Communications Limited.

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In her acceptance speech on behalf of the inducted Fellows, Omobola Johnson commended the Board of the Society for their drive in promoting corporate governance best practices in Nigeria since it commenced operations in 2009.

“We see this as a call to even higher standards of diligence and ethics on the boards we sit on, given that this Fellowship recognises our significant contributions to the practice and development of corporate governance, leadership, and nation-building.”

The society also inducted 35 individuals and one organisation into its membership, bringing its membership base to a total of 534: 453 individual members, 39 corporate members and 44 Fellows.

Nneka Okekerau, Director, Enterprise Development Centre (EDC) spoke on behalf of individual members, promising that their cohort will contribute their quota to the enhancement of the vision and mission of the Society.

“We now have 534 touch points from the Secretariat to spread the gospel of good corporate governance to different sectors, organizations, boardrooms,” says Chioma Mordi, CEO, Society for Corporate Governance Nigeria. “As an organisation, we will continue to ensure that we provide platforms for participation in the advancement of good corporate governance in Nigeria.”

Ifeoma Okeke-Korieocha

Ifeoma Okeke-Korieocha is the Aviation Correspondent at BusinessDay Media Limited, publishers of BusinessDay Newspapers. She is also the Deputy Editor, BusinessDay Weekender Magazine, the Saturday Weekend edition of BusinessDay. She holds a BSC in Mass Communication from the prestigious University of Nigeria, Nsukka and a Masters degree in Marketing at the University of Lagos. As the lead writer on the aviation desk, Ifeoma is responsible and in charge of the three weekly aviation and travel pages in BusinessDay and BDSunday. She also overseas and edits all pages of BusinessDay Saturday Weekender. She has written various investigative, features and news stories in aviation and business related issues and has been severally nominated for award in the category of Aviation Writer of the Year by the Nigeria Media Nite-Out awards; one of the Nigeria’s most prestigious media awards ceremonies. Ifeoma is a one-time winner of the prestigious Nigeria Media Merit Award under the 'Aviation Writer of the Year' Category. She is the 2025 Eloy Award winner under the Print Media Journalist category. She has undergone several journalism trainings by various prestigious organisations. Ifeoma is also a fellow of the Female Reporters Leadership Fellowship of the Wole Soyinka Centre for Investigative Journalism.