Corporate Governance

Sound corporate governance makes companies stronger, more efficient and more accountable. With good corporate governance structures and practices in place, businesses mitigate risk, safeguard against mismanagement and are able to attract investment and capital—giving them the fuel for growth.
Corporate governance is therefore a cornerstone of sustainable business development and attracts growing attention from regulators and investors. Tougher corporate governance regulations are being introduced to challenge creative accounting, poor internal controls, inadequate challenging of business strategy, excessive pay unmatched to performance and ineffective non-executive directors.
Many regulations have now been enacted to force organisations to focus on corporate governance processes, particularly internal
controls with some requiring CEOs and CFOs certify as being effective. For example in Nigeria, the new Nigerian Corporate
Governance Code 2018 has been released which advocates for stronger governance practices within companies and accountability
to shareholders. The practices recommended in the Code will require companies – particularly those who have not previously been
regulated by a governance Code – to conduct a preliminary assessment of their existing governance practices in line with the
principles articulated in the Code and put in place appropriate processes and practices to address any observed gaps.
At CENGSSUD Sustainability Advisory, we can assess your organization’s governance processes, measure them against best
practice, and ensure they meet the needs of the business. We can also make sure you comply with the rapidly changing country
and financial market specific regulations.
CORPORATE GOVERNANCE SERVICES
> How can CENGSSUD help?
Our corporate governance services include:
• comprehensive diagnostics of corporate governance system, development of recommendations and assistance in their
implementation;
• improvement of the risk management system and processes, including setting risk appetite, identification and assessment
of risks, and elaboration of risk management measures;
• development of codes for corporate governance, business conduct, and other internal corporate documents;
• assessment of corporate governance
• We enable standardisation of the processes, we write procedures that incorporate all the fundamental controls with respect
to your internal processes.
• diagnostics of corporate governance at investment targets;
• assistance in ensuring the effective transfer of authorities to hired management;
• improvement of corporate governance processes at subsidiaries;
• assessment of the board of directors and board committees work;
• preparation of an annual or sustainability report based on global best practices, legislation requirements and the stock
exchanges requirements;
• assistance in meeting the regulatory requirements on corporate governance and information disclosure at the stock
exchanges;
• comprehensive advisory services on information disclosure issues

Consulting WP – we help companies assess their skills and choose a new direction which utilizes the talents of the team and resources most productively.