Director-General of State Interests and Governance Authority (SIGA),  Prof.

Michael Kpessa-Whyte, has told state-owned enterprises (SoEs) that the foundation of any high-performing enterprise-whether public or private-is sound corporate governance.

As stewards of national assets, he said, they must adhere to the highest standards of transparency, accountability, and ethical leadership. "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.