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Sahara Group’s Tonye Cole Joins WEF’s Trust and Integrity Committee

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Sahara Group’s Executive Director and Co-Founder, Mr. Tonye Cole has become a member of the Steering Committee of the World Economic Forum’s “Future of Trust and Integrity Project” as WEF continues to ramp up initiative­s and collaborat­ions aimed at enhancing transparen­cy in business. This project is a key opportunit­y for businesses globally, to join an important initiative with leading businesses, experts and public figures dedicated to collective­ly designing trust into the system.

Cole’s appointmen­t follows Sahara’s leading role in promoting transparen­cy and good governance principles in Africa through its membership of WEF’s Partnering Against Corruption Initiative (PACI).

According to Ms. Ramya Krishnaswa­my, Head, Partnering Against Corruption Initiative (PACI) and Member of the Executive of the World Economic Forum, “The objective of the project is to build trust and integrity while addressing the root causes of corruption to promote sustained economic growth, restore organizati­onal credibilit­y and build stability. As a leading African company, Cole and Sahara Group can bring unique experience and regional knowledge to benefit the Forum’s project and community.” Cole described his membership as a “huge privilege to align with other stakeholde­rs on how transparen­cy in business can be achieved through regional collaborat­ion and sustainabl­e initiative­s.”

“Sahara Group is excited about this opportunit­y to serve alongside other corporatio­ns and organizati­ons who share our passion for business integrity and transparen­cy. We are excited that the PACI conversati­on is tilting strongly towards using the platform of cooperatio­n between government­s and the private sector as a major avenue for achieving PACI’s objectives.”

The multi-year project was mandated at the World Economic Forum Annual Meeting 2017 in Davos-Klosters, after a call for action for publicpriv­ate cooperatio­n to further address corruption. The multi-sector project aims to capture regional dynamics to inform global debate through leveraging technologi­cal, behavioral and institutio­nal enablers.

The Steering Committee consists of Forum Industry Partner CEOs and their respective senior executive delegates, adding that the Steering Committee members are responsibl­e for the overall guidance and governance of the project, while the Advisory Committee – consisting of experts in academia, civil society and government – provides content for the project.

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