IoD asks Parliament Speaker for guidance on charter legislation

The Governing Council of the Institute of Directors (IoD) has asked the Speaker of Parliament for guidance on the legislative process needed to establish the Institute’s charter.

The council, led by its President and Chair of Council, Mrs Mary Asare-Yeboah, FloD, made the request during a courtesy visit to the Rt Hon Speaker of Parliament on Tuesday.

The proposed legislation would ultimately provide the legal foundation for the IoD’s charter. Receiving the delegation, the Speaker praised the council’s initiative and pledged Parliament’s support for moving the process forward.

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“Your quest for a charter is a worthy cause that will strengthen corporate governance in our country.

“I will direct the appropriate committee to engage with your Council and provide the necessary guidance to ensure the bill follows due parliamentary procedure,” he said.

Mrs Asare-Yeboah thanked the Speaker for his warm reception and valuable advice, adding that the council would act promptly on the guidance it had received.

She also reaffirmed the Institute’s commitment to promoting high standards of corporate governance and ethical leadership as it works towards securing its charter.

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