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Major Local Companies Support Good Corporate Governance

17 Jun 2021 9:59 AM | Kamla Rampersad - de Silva (Administrator)

Major Local Companies Sponsor Governance Week 2021

Three major local companies have pledged their support to improving corporate governance in T&T and the Caribbean with their sponsorship of Governance Week, hosted by the Caribbean Corporate Governance Institute (CCGI).

Gold sponsor Republic Bank and Bronze sponsors Angostura and PwC will all be participating in the CCGI’s signature annual event, which will bring together over 50 professionals from the Caribbean region to discuss evolving governance practices during the week of online activities from June 27th-July 2nd.

Explaining why Republic Bank decided to become a sponsor of this year’s online event, Kimberly Erriah-Ali Group General Counsel/ Corporate Secretary, Republic Financial Holdings Limited said, “As an institution, Republic Financial Holdings Limited is committed to strong governance standards, and to the constant improvement of these within the larger framework of Environment Social and Governance. Strong governance is a pillar of resilience and stability, which entities must demonstrate now more than ever. With respect to Trinidad and Tobago and the Caribbean governance facilitates the transparency needed to build and bolster trust in institutions, across all sectors, and upon which we as a people rely.”

Globally recognized authority on corporate governance, Professor Mervyn King from South Africa, will deliver the keynote address at the opening ceremony. King is a former Supreme Court Judge and chaired the private sector body that developed a national code of governance, known as the King Code on Corporate Governance.

Each day of the conference will be opened by a distinguished Caribbean speaker. Jamaican attorney-at-law Camille Facey will kick off Day 1; Barbadian PwC senior adviser Ronaele Dathorne Bayrd on day 2; former deputy governor of the Central Bank of Trinidad and Tobago, Dr. Terrence Farrell on Day 3, Chairman of Belize’s RF&G Life Insurance Company Elizabeth Cox on Day 5 and the UK’s Professor Bob Garratt opening Day 5.

Governance Week was launched last year and is the signature event of the Caribbean Corporate Governance Institute. The theme of this year’s event is: “Governance Beyond Covid - Following the North Star:

Resetting values to create value in organizations.”

Explaining why this theme was chosen theme of the conference, CCGI Chief Executive Officer Kamla Rampersad de Silva said: “the disruption caused by the pandemic has created great uncertainty for boards with major changes occurring including the State of Emergency in Trinidad and Tobago, and closure of non-essential businesses. The theme for this year’s governance week is focused on helping directors in the boardroom to focus on long term goals, to look beyond the uncertainty of the present situation. We have over 50 professionals who will be sharing on their experiences to help navigate the challenges faced and provide guidance on how to reset the values that create long term success.”

She also noted that it was a great honor to host one of the leading global professionals in the world to speak to participants and expressed appreciation to all the sponsors for making the 2nd annual Governance Week possible.

The Opening Ceremony will be followed by five days of conference. The structure comprises an opening speaker each day followed by three 90-minute panel discussions.

Each day of the conference will focus on a different sector:

Day 1 – June 28th - Corporate Secretaries Forum

Day 2 – June 29th - Governance of the Private Sector

Day 3 – June 30th - Governance of the Public Sector

Day 4 – July 1st - Governance SMEs and Family-owned businesses

Day 5 – July 2nd - Governance of Groups and Conglomerates

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