Corporate Governance and Risk Management

Corporate governance and risk management are critical to organizational integrity, transparency, and sustainability. This program provides a comprehensive understanding of governance structures, compliance frameworks, and risk assessment tools. Participants will explore how to establish accountability, monitor performance, and mitigate risks in both private and public sector organizations.

HOW YOU BENEFIT

• Understand the principles and frameworks of corporate governance.
• Learn the roles and responsibilities of boards, executives, and stakeholders.
• Explore risk identification, analysis, and mitigation techniques.
• Align governance practices with regulatory requirements and ethical standards.
• Strengthen internal controls and audit mechanisms.
• Enhance strategic planning through informed risk-taking.
• Improve organizational resilience and stakeholder confidence.

WHO SHOULD ATTEND

• Board members and corporate executives.
• Risk managers, compliance officers, and internal auditors.
• Legal and finance professionals involved in governance.
• Public sector administrators overseeing organizational policies.
• Consultants in corporate strategy and risk advisory services.

DURATION

5 Days

 Module 1: Principles of Corporate Governance

• Definition and pillars of governance (accountability, transparency, fairness, responsibility)
• Separation of roles: board vs. management
• Governance codes and global benchmarks (e.g., OECD, King IV)

Module 2: Governance Structures and Roles

• Board composition and director roles
• Board committees: audit, risk, remuneration
• Role of the company secretary

Module 3: Compliance, Ethics, and Governance Codes

• Regulatory compliance and reporting standards
• Whistleblower frameworks and ethics programs
• Corporate social responsibility and ESG

Module 4: Introduction to Risk Management

• Definitions and types of risks (strategic, operational, reputational)
• Risk appetite and tolerance
• Relationship between governance and risk

Module 5: Enterprise Risk Management (ERM) Frameworks

• COSO and ISO 31000 explained
• Risk governance structures
• Risk management policies and integration

Module 6: Risk Identification and Assessment

• Risk register development
• Risk heat maps and likelihood-impact scoring
• Scenario analysis and stress testing

Module 7: Designing and Implementing Internal Controls

• Types of internal controls (preventive, detective, corrective)
• Control testing and control environments
• Segregation of duties and access management

Module 8: Risk Monitoring and Reporting

• Risk dashboards and reporting tools
• Key Risk Indicators (KRIs)
• Board-level risk reporting and communication

Module 9: Governance Failures and Case Studies

• Analysis of major corporate governance collapses (e.g., Enron, Steinhoff)
• Red flags and early warning indicators
• Lessons for prevention and reform

Module 10: Building a Governance and Risk-Aware Culture

• Tone at the top and ethical leadership
• Training and awareness programs
• Embedding governance in strategic planning