Twenty-six (26) participants from key positions central to the running of State Owned Enterprises (SOEs), Statutory Bodies and large businesses in the country are placing value in improving corporate governance and are walking the talk by attending the four-day programme.

The Solomon Islands Chamber of Commerce and Industry (SICCI) in partnership with the Institute of Directorship New Zealand (IODNZ) from 13-16 November 2018 delivered the Essential to Directorship Programme in Honiara for the second time this year.

Twenty-six (26) participants from key positions central to the running of State Owned Enterprises (SOEs), Statutory Bodies and large businesses in the country are placing value in improving corporate governance and are walking the talk by attending the four-day programme.

The programme offers a comprehensive introduction to international best practice in corporate governance, strategy, finance, risk and assessing performance.

There was also a session on Solomon Islands company and insolvency law and related legislation.

IODNZ sent three facilitators who are well qualified to deliver the programme.

Following the success of the first programme in August and the demand for it, SICCI decided to deliver a second one which is a first of a type in the Solomon Islands relating to promoting excellence in governance and professional development through education and training.

Outgoing SICCI Chief Executive Officer (CEO) Dennis Meone, who was also a participant in August, said the programme promotes excellence in corporate governance and professional development.

“As a Chamber, we continuously work to implement our vision of a vibrant private sector, where we explore ways to improve how organizations and institutions can function better and this programme meets that goal,” he said.

Mr Meone believes that the role of Directors is as important as what happens at the operational level.

“Strategically, the Board of Directors can set standards and demand accountability and ask the right strategy driven questions.

“They should exemplify robust and accountable decision-making, which is in-keeping with the central theme underpinning the training,” he said.

According to feedbacks from participants, the materials, facilitated discussions and tools shared were relevant and immediately useful in their current roles as company directors and board members.

Advisor to the SICCI CEO, Mr Charles Persson, who was instrumental in organizing the training, said the Programme will go a long way to ensure improved corporate governance and discipline in boardrooms.

“There is strong support from key stakeholders including the government in realising that there is a need to improve decision making and leadership within boardrooms,” he said.

Meanwhile, Incoming SICCI CEO, Atenasi Ata challenged participants to implement the learning and effect positive change in their respective organizations.

“The test I now lay in front of you is in implementing a changed approach. Real and meaningful change,” she said.

Ms Ata also thanked the different stakeholders and supporters of the programme including the Australian High Commission, British High Commission, New Zealand Government, Solomon Islands Ports Authority (SIPA), Heritage Park Hotel, Solomon Islands National Provident Fund (SINPF), Solomon Water and Sol-Law.

The Essential to Directorship Programme is considered a flagship activity that the Chamber commits to hosting annually with the intention of running it again in April 2019.

About the author

Philip Lilomo is the Chamber's Media & Communications Officer. Philip writes most of the Chamber's media releases. He also manages the website contents, designs the Chamber's monthly newsletter, brochures and maintains the organisation's visual branding. 

Philip can be contacted on email: media@solomonchamber.com.sb 

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