Turks & Caicos Weekly News

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CORPORATE GOVERNANCE COURSE HELD IN TCI

COMPANY directors from the Island’s banking, insurance and public service sectors gathered to learn about corporate governance this week.

The internationally recognised Chartered Director Programme, sponsored by the TCI’s Financial Service Commission, was a three-day intensive learning experience.

The newly formed Caribbean Governance Training Institute (CGTI) hosted the event as part of its bid to promote the highest standards of professionalism in the governance of Caribbean organisations.

Marcel Mongeon, a senior faculty member of CGTI who taught on the programme, said she was honoured to be a part of the training.

“With participants from a cross section of important Government institutions such as the Financial Services Commission and the National Trust to the private sector banks and corporate agents that attended, it was easy to see that good corporate governance is being taken seriously in the TCI.

“The initial cohort of those receiving their Chartered Director’s certification will no doubt lead to others who will want to achieve this important personal professional designation as to their corporate governance abilities.”

Corporate governance affects how well – or poorly – an enterprise is run.

Getting an organisation’s governance system right is one of the most important considerations that every board, on behalf of its owners, needs to make.

A well-designed governance system supports and enables highly effective decision making by the company.

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