Weak governance structures lead to inefficiencies, financial mismanagement, and, ultimately, institutional failure -Director-General of State Interests and Governance Authority (SIGA), Prof.
Michael Kpessa-Whyte, has told state-owned enterprises (SOEs).
He also mentioned that the foundation of any high-performing enterprise-whether public or private-is sound corporate governance. "Weak governance structures lead to inefficiencies, financial mismanagement, and, ultimately, institutional failure, but where there is strong governance, there is resilience, growth, and long-term success.
I urge you to continuously strengthen governance practices in your respective institutions, ensuring that decision-making is guided by professionalism, integrity, and strategic foresight," Prof Kpessa-Whyte said in his welcome address at the engagement with heads of specified entities hosted by his excellency.
