The fourth edition of the Corporate Governance Excellence Awards has been launched.

This year's edition was launched on the theme, “Good Corporate Governance and Ethical Leadership: An Essential
Requirement for Organizational Turnaround”. The event, which came off July 9, 2021, was held virtually.

The main event is scheduled to come off on November 19, 2021.

Speakers at the event included the President of the Institute of Directors-Ghana (IoD), Mr Rockson K. Dogbegah and the Deputy Governor of the Bank, Elsie Awadzi who was the Guest Speaker.

The Awards Scheme is IoD-Ghana's initiative. It seeks to identify, recognize, and celebrate the achievements of individuals and organizations that represent excellence in leadership, sound Corporate Governance practices, and have also made significant contributions to the socio-economic development of Ghana, whether they are IoD-Gh members or not.

Speaking at the launch, Dr Awadzi noted that, “the overarching aim of the Awards is to champion professionalism and development of directors to pursue best practices in good Corporate Governance for the benefit of organizations and stakeholders and for the prosperity of Ghana.”

During the launch, Mr Rockson Dogbegah indicated that "the focus of the IoD-Gh award scheme is developed as an educational framework which is an outcome-based assessment on the code of best practice of corporate governance."

He further emphasised the importance of directorship in the Corporate Governance system.

"Directorship plays a key role in the wealth and value creation of nations. The Board of Directors is the focal point in the Corporate Governance system and is legally mandated with directing and overseeing organisational success. Good
Corporate Governance contributes to improved organisational effectiveness. Directors provide leadership to ensure sustainable good Corporate Governance culture to advance responsible economic growth and innovation.

He thus urged the leadership of organizations in both public and private sectors of the Ghanaian economy to enhance their capacity in systems strengthening towards sound governance.