ICSAN: Sound Corporate Governance Strengthens Investor Confidence

The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has highlighted the importance of robust corporate governance in enhancing investor confidence and bolstering Nigeria's economic growth. This emphasis was emphasized during the organization's 60th anniversary celebration. Mrs. Uto Ukpanah, President and Chairman of the Governing Council, traced ICSAN's beginnings to the public sector and highlighted its founding principles of integrity, transparency, and professionalism.

She described the milestone as an occasion to honor the Institute's heritage while equipping the upcoming generation of governance experts for upcoming challenges. "The 60 years mark is not merely a milestone to celebrate; it is a call to prepare for the future. We must continue to strengthen a community of governance professionals who can promote accountability, reinforce investor confidence, and support Nigeria's development," she affirmed.

CEO of NGX, Jude Chiemeka, speaking during the event, underscored the correlation between effective corporate governance and investor confidence. He emphasized that a well-functioning governance system is crucial for establishing the credibility and integrity of market entities. "Corporate governance is essential to cultivating and maintaining investor confidence.

For the capital market to effectively mobilize long-term capital and contribute to economic expansion, investors must have confidence in the institutions and businesses they invest in. This underscores the growing significance of governance professionals' work," he stated.