The Independent Uganda: You get the Truth we Pay the Price
Kampala, Uganda | THE INDEPENDENT | Transparency, accountability, flexibility, and effective communication are critical management ethics that accelerate the growth of companies in line with their running strategic plans. This is the summary of what transpired at the second Institute of Certified Public Accountants of Uganda C-Suite Forum held in Kampala on May 29.
Speaking at the Forum, Proscovia Nabbanja, CEO of the Uganda National Oil Company Limited, and CPA Joshua Karamagi, Managing Director of the Uganda Electricity Transmission Company Limited said those ethics are complemented by the quality of the board of governors that does the oversight role in ensuring companies grow, expand, make profits and sustain operations for the long term.
“All organisations need a culture and code of conduct—dos and don’ts,” Nabbanja said. “Whistleblowing is one thing that has to be allowed to help identify gaps in the organization to improve performance,” she added.
In his remarks CPA Ronald Mutumba, the vice president for ICPAU said The C-Suite Forum was envisioned as a platform where senior executives from various sectors can converge to discuss topical issues, exchange innovative ideas, and explore strategies that enhance organisational performance and governance from the Accountancy finance professionals. This year’s C-Suite forum is based on the theme, “The Collaborative Role of the Board, CEO, and CFO in Fostering Organisational Performance.”
“Effective boards challenge the status quo, anticipate future challenges, and ensure that the organization is well-positioned to navigate through uncertainty,” Mutumba said.
