The Lagos State Chapter of the Institute of Chartered Secretaries and Administrators of Nigeria has declared its annual summit for 2024, centering on the theme of business innovation. The event, titled “Governance and Business Innovation in Contemporary Times,” is set to take place on October 31 in Lagos, and aims to provide critical insights into the significant intersection between governance and innovation in today’s business landscape. The timing of this summit is particularly pertinent, considering the rapid transformation faced by industries through technological advances and evolving governance demands.
Hakeem Ogunniran, the founder and Chief Executive Officer of Exima Realty Co. Ltd, will chair the summit. His involvement underscores the leadership role played by experienced professionals in navigating the complexities of governance within the contemporary business environment. Ogunniran emphasizes that strong governance frameworks are essential for fostering an atmosphere conducive to creativity and risk management. This perspective highlights the necessity for businesses to adopt sustainable practices that encourage innovation while maintaining transparency and accountability.
The keynote address will be delivered by Stanley Jacobs, the Chief Executive Officer of Zest Payment Limited. Jacobs brings a wealth of experience and insights into how governance can facilitate innovation particularly in Nigeria’s burgeoning fintech sector and broader business environment. His remarks focus on the synergies that can be cultivated when governance integrates with emerging technologies—arguing that innovation is most robust where governance structures are agile and capable of scaling solutions to meet evolving market needs.
The summit’s agenda includes various discussions aimed at fostering excellence in corporate governance. The Institute is dedicated to equipping professionals with the knowledge and tools necessary to engage in constructive dialogues that can influence the future landscape of governance and innovation. This initiative aligns with global trends showing that effective governance is crucial in managing the dynamic aspects of modern businesses, especially in sectors poised for growth and transformation.
Furthermore, the importance of this summit lies in its collaborative approach, bringing together experts, thought leaders, and professionals from diverse industries to deliberate on best practices for integrating governance with innovative strategies. By creating a forum for knowledge exchange, the Institute seeks to empower participants to implement improved governance measures that can drive innovation and operational efficiency within their organizations, ultimately contributing to the development of the Nigerian economy.
In conclusion, the Lagos State Chapter of the Institute of Chartered Secretaries and Administrators is not only setting the stage with its upcoming summit but also shining a light on the increasing relevance of governance in the drive for innovation. As businesses face unprecedented changes due to technological advancements and regulatory shifts, fostering strong governance practices will be pivotal in ensuring agile responses to these challenges. The insights and discussions from the summit have the potential to guide organizations in aligning their governance strategies with innovation goals, creating a robust foundation for sustainable growth in Nigeria’s dynamic business landscape.
