TWENTY-seven participants from a diverse range of companies in Fiji and the Pacific participated in a three-day corporate governance workshop in Suva last week.
The training focused on corporate culture and risk management and helped equip them with skills to implement good corporate governance practices and enterprise risk management in their businesses.
Facilitated by BTrained Consulting based in Bengaluru, India, the training included discussions aimed at understanding that trust, transparency and accountability are critical for fostering long-term investment, financial stability and business integrity.
BTrained Consulting, regional director Arif Basha said all activities in an organisation including business decisions involved risk.
“All managers have a responsibility to properly manage the risks in their business and this program gave them the tools and knowledge to identify, analyse, evaluate, manage and report on these risks,” he said.
The workshop also showed participants how they could involve themselves in the corporate governance process.
The program was facilitated by Jay Chander, a Fellow Chartered Accountant and a highly experienced risk practitioner with 40 years of professional and practical experience.
Participants were from Ministry of Justice Fiji, Fiji Roads Authority, Land Transport Authority — Fiji, National Provident Fund, Fiji Meat Industry Board, Merchant Finance Pte Ltd, Ministry of Fisheries & Marine Resources Development — Kiribati, Central Pacific Producers Ltd – Kiribati, Air Kiribati Limited, Anieli Fuatino Noa-Teetua — Marshall Island, Kiribati Provident Fund, Pohnpei Utilities Corporation — Micronesian, Ministry of Foreign Affairs & Trade – Marshall Island, Amalgamated Telecom Holdings Ltd, Kosrae Utilities Authority — Micronesia, Office of the President and Cabinet — Marshall Islands.