News Release

Governance and Business Innovation in Contemporary Times: Paving the Path for a Sustainable Future

Lagos, Nigeria – In an age defined by rapid technological evolution, shifting economic landscapes, and heightened social expectations, the relationship between governance and business innovation has never been more critical. Companies and governments alike are tasked with the challenge of adopting innovative strategies to remain competitive and sustainable; while ensuring they meet the needs of their stakeholders and society at large.

The convergence of governance and innovation forms the backbone of long-term success in today’s business climate. Strong governance frameworks serve as the foundation for fostering an environment that encourages creativity, forward-thinking, and resilience, while also ensuring ethical practices, accountability, and sustainability. At the same time, innovation is essential for companies to adapt to disruptive technologies, rapidly evolving markets, and changing consumer demands.

Effective governance creates the space for businesses to explore new ideas, embrace cutting-edge technologies, and invest in sustainable solutions. It establishes structures that promote transparency, compliance, and ethical decision-making, which are critical for mitigating risks while exploring new opportunities. The right governance model ensures that innovation is not only achieved but sustained, providing a strategic balance between profit, purpose, and growth.

Business innovation challenges traditional governance models by introducing new paradigms in corporate leadership, digital transformation, and regulatory landscapes. With the advent of technologies like artificial intelligence, blockchain, and big data, companies need governance structures that support agile decision-making and scalable solutions. Successful businesses are those that can integrate these innovations into their governance frameworks, ensuring they stay competitive and compliant in an increasingly complex market.

As businesses navigate digital transformation, regulatory hurdles, and sustainability goals, the intersection of governance and innovation becomes increasingly vital. How do companies lead with purpose while remaining profitable? How do they leverage emerging technologies without compromising ethical standards? These are some of the pressing questions today’s leaders must address.

In light of these growing complexities, the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) Lagos State Chapter, 2024 Annual Summit, themed “Governance and Business Innovation in Contemporary Times,” will serve as a platform for industry leaders, policymakers, academics, and innovators to explore these critical issues. The summit, scheduled for 31st October 2024 at Victoria Crown Plaza Hotel, Victoria Island, Lagos will bring together thought leaders to share insights, strategies, and actionable solutions that can drive governance and business innovation forward.

We are pleased to announce that Mr. Hakeem Ogunniran, FCIS, Founder and CEO of Exima Realty Co. Ltd, and Non-Executive Chairman of Lagos Building Investment Co. Plc, will serve as the Chairman of the 2024 Annual Summit, themed ‘Governance and Business Innovation in Contemporary Times.’ The summit will also feature an impressive lineup of brilliant speakers, with depth of knowledge in the theme bringing diverse expertise and insights to this important dialogue.”

The keynote address will be delivered by Dr. Stanley Jacobs, CEO of Zest Payment Limited (a subsidiary of Stanbic IBTC Holdings Plc) and President of the Governing Council for the Fintech Association of Nigeria (FINTECHNGR). Dr. Jacobs will provide valuable insights into how governance structures can foster innovation in Nigeria’s fintech and business sectors, drawing from his extensive experience at the intersection of governance and technology.

Summit Highlights:

Examine Governance’s Role in Driving Innovation: Delve into how governance can build a culture of innovation in both public and private sectors.

Explore Emerging Technologies: Learn about the latest trends in business innovation, including AI, digital transformation, and sustainability.

Networking Opportunities: Connect with industry leaders, government officials, and innovators to build partnerships that drive growth and innovation.

Best Practices for Governance and Innovation: Gain actionable insights from leaders who have successfully integrated governance with innovation in their organizations.

The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) is dedicated to fostering excellence in corporate governance, providing a platform for professionals to engage in discussions that shape the future of governance and innovation.

• L-R Hon. Secretary, ICSAN Lagos State Chapter, Chief Adewale Adeniji, ACIS; Chair, ICSAN Lagos State Chapter, Ms. Efosa Ewere, FCIS; Vice Chairman, ICSAN Lagos State Chapter, Adebola Babatunde, FCIS; Chair, Planning Committee ICSAN Lagos State Chapter, Ms. Efeomo Olotu, ACIS

The ICSAN Lagos State Chapter 2024 Annual Summit continues this mission by offering thought-provoking sessions, interactive panels, and the opportunity to connect with the finest minds in the industry.

For media inquiries, sponsorship opportunities, or to register for the summit, please contact:
Julie Bassey; 08034689366

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