CARIBBEAN GOVERNANCE TRAINING INSTITUTE TO ESTABLISH THE CARIBBEAN’S FIRST DIRECTORS INSTITUTE
The Caribbean Governance Training Institute (CGTI) is to launch The Caribbean Institute of Directors (CloD). The CloD is aimed at meeting the expressed needs of regional organizations for a Caribbeanbased approach to corporate governance.
The CloD, the first of its kind in the Caribbean, will provide practically oriented corporate governance education, networking and director placement opportunities (as well as governance consultancy services) to directors currently serving on the boards of Caribbean organizations and prospective candidates for directorships.
“The Institute will not only address the ‘mechanics’ of being a competent 21st century director, but will also focus on the best practices and principles of being a director who is constructively involved in defining the role of his or her company in Caribbean society,” said Dr. Chris Bart, Chairman of the CloD. He added, “This initiative builds on my work of 13 years as the Founder of the Directors College of Canada in delivering director education, and 30 plus years of researching the practices and principles in corporate governance”. Lisa Charles, CEO of the Institute and founding partner of CGTI stated: “With the creation of the CloD, members of Caribbean boards will now have a common reference point with which to fulfill their on-going governance education and networking needs. It’s an idea whose time has finally come! And the Caribbean Governance Training Institute is firmly committed to making the CloD a success by contributing significant start-up funds and professional expertise to make it happen.”
The vision of the CloD is to establish an organization uniquely tailored to the needs of Caribbean boards and senior executives. Its intention is to promote professional standards for directors that Caribbean organizations will be proud to support and shareholders, and other stakeholders, will come to expect of their boards. To assist in that regard, CloD is governed by an Advisory Board with members being drawn from across the region. Dr. Chris Bart, FCPA, Executive Chairman of CGTI, will chair the CloD Advisory Board All individuals who join the Institute will be entitled to use the post nominal “M.CloD” after their name thereby signifying their commitment to good governance as members of the Institute.
The faculty of the Institute’s educational arm, CGTI, already include specialists from the corporate, legal, and academic sectors. Subjects covered in the various programmes include strategy, CEO succession and compensation, Board member selection, compliance, liability, ethics, auditing and intemal control, and organizational behaviour. CGTI is the first organization in the Caribbean to have launched the internationally recognized Chartered Director Programme, which started in January 2014.
For more information, please visit the CIOD website www.caribiod.com or contact the CGTI office at 758451-2500 or email firstname.lastname@example.org