Institute of Directors Ghana has called on corporate organizations to pay extra attention to gender parity on governing boards in Ghana.
According to the Institute, women representation on governing boards in Ghana is becoming a critical concern and a key requirement in the corporate governance landscape.
To be effective, a governing board needs a diversity of skills, cultures, and views to make good decisions with sustainable outcomes.
Whiles the Boardroom is heavily dominated by men, the Institute of Directors is advocating for a good balance of men and women on governing boards to make organizations take advantage of the multiplicity of skills of our women.
“There a lot of benefits to be derived from a diversified board which range from ethical culture, good performance, effective controls and legitimacy. These will translate into improved financial performance and shareholder value, increased customer and employee satisfaction, rising investor confidence, and enhanced reputation,” a statement from the Institute said.
“Whiles we mark the International Women’s day, the Institute of Directors wishes to encourage corporate organizations to ensure a good representation of women on their boards.”
The said, “Organizations that have women on their boards are encouraged to add more. It is the expectation of IoD-Gh to see organizations achieve 50% parity of women on their board by 2030.”
Latest Stories
-
Platinum Cup makes return on April 27
56 seconds -
MoE is not changing uniforms or re-painting all public schools – Kwasi Kwarteng clarifies
34 mins -
16th Africa Aquatics Swimming Championships: Nubia and Harry to represent Ghana in Angola
41 mins -
Four defendants in NDA case by OSP open defence today
42 mins -
GFA commissions first set of floodlights at Ghanaman Soccer Centre of Excellence
47 mins -
Basic public school uniform change an initiative, not a policy – Kwasi Kwarteng
50 mins -
Bawumia appeals for peace in Gonjaland, donates GHȼ100K, bull
56 mins -
Drake: AI Tupac track gone from rapper’s Instagram after legal row
1 hour -
Repainting schools, changing uniforms a misplaced priority – Joy FM listeners on rebranding of basic public schools
1 hour -
UEFA U-16 Tournament: Black Starlets bounce back with 5-1 win over Serbia
2 hours -
There’s nothing strange about changing colours for basic public schools – Education Ministry PRO
2 hours -
Diana Asamoah causes arrest of personal assistant over GH₵4k MoMo theft
2 hours -
Adina impresses fans with new single ‘Emergency’
2 hours -
Our mindset should breed excellence – Ace Ankomah
2 hours -
SML fully delivered on Transaction Audit Service Agreement with GRA
3 hours