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Tag: corporate governance

Association canvass stronger corporate governance to manage COVID-19

Association canvass stronger corporate governance to manage COVID-19

Insurance
Risk Management Association of Nigeria (RIMSON), has called for a deepening of corporate governance principles in Nigerian companies to help manage COVID-19 crisis, and alleviate its adverse effects on firms’ goals and objectives. The Association noted that with the disruptions and high speed decision-making propelled by the current pandemic, there is a need to instil stronger corporate governance practice in companies to manage resultant risks. According to the group, only organisations that get this right will flourish post-COVID-19, while those that practice poor corporate governance may not withstand the test of time. Speaking during a webinar at the 20th Yearly General Meeting of RIMSON, themed: “Risk Management & Corporate Governance,” the Executive Vice Chairman, H Pier...