THE ICGU 3^RD PRESTIGIOUS CORPORATE GOVERNANCE AWARDS

The ICGU Corporate Governance Awards are here again!

As part of a broader strategy to facilitate public and private sector growth. The Institute is organizing the 3^rd Corporate Governance Awards to recognize adherence and observance of Corporate Governance practices which propagate Resilience and Sustainability of the organisation and its stakeholders.

The Awards are scheduled for Friday 18^th October, 2024, under the theme “Recognizing Resilience and Sustainable Impact”.

Below are the objectives for the Awards;

Improve the quality of Corporate Governance in Uganda
Enhance ICGU’s Visibility
Increase CG awareness and adoption of on Boards
Help organisations realise and improve the CG gaps through Assessments.
Recognise Corporate Governance excellence among organisations.
Assess the state of Corporate Governance in Uganda

Who participates in the Awards:

The Corporate Governance Awards are open to all organisations, however, they are all categorized under the following Awards categories;

Large Private Sector Enterprise – Annual turnover in excess of Ugx.20 billion.
Small & Medium Sized Enterprise (SME) – Annual turnover less than Ugx. 20bn
Public Sector Enterprise (Ministries, Directorates and Agencies)
Non-Governmental Organization
Insurance Companies
Banks & MDIs

How to participate:

The Institute puts out a call through letters, social media, print, emails, TV and radio stations calling organisations to participate in the Corporate Governance Awards.

Below are the steps taken to participate;

The organisations complete the “Expression of Interest (EOI) Form” by filling out the online form (click here), or submitting a form shared with them via email or in hard copy. The EOI is returned within a specified timeline.
Organisations that return the EoI, then access the link to the Corporate Governance questionnaire (Survey)
The survey results are weighted and ranked. Qualifying organisations are selected for physical visits by the consultant.
The consultant will make a summary report based on results for the Judges / Quality assurance.

Quality Assurance:

The Awards assessment process is independent, transparent, free and fair, it is critical to the long-term success of ICGU, our Award partners and all the sponsors. Organizations voluntarily apply to participate and to be assessed. The ICGU CG Awards Judges’ Committee is solely responsible for selecting winners. The judges’ decision is final. The ICGU CG Awards assessment will be concluded with a Corporate Governance Sector by Sector report. The report will be a cornerstone for the “State of Corporate Governance in Uganda”.

The ICGU and the Consultant will organize physical visits to the participating organisations.

Background

ICGU is the leading institution in promoting adherence to Corporate Governance in Uganda. Our mandate is to create awareness, propagate, promote and deepen Corporate Governance principles and practices within the public and private sector through trainings, advocacy, research, publication and consultancy.

In accordance to the Strategic Initiative (d) Institute Annual Corporate Governance Awards, in line with Strategic objectives 1 – 4 under the Strategic Goal 2: Corporate Governance Awareness through Communication, the Institute of Corporate Governance of Uganda (ICGU) organized the Inaugural Corporate Governance Awards 2018 in partnership with Grant Thornton Uganda.

Inaugural Corporate Governance Awards 2018

The Inaugural ICGU Corporate Governance Awards were held on 17^th May, 2018 at Serena Kampala Hotel under the theme; “Celebrating Corporate Governance Excellence” fully sponsored by Grant Thornton Uganda. The Awards attracted over 300 guests and winners in 6 categories plus the overall best to make 7 Awards. The Guest of Honour was the Speaker of Parliament then the Rt. Hon. Rebecca Alitwala Kadaga,

2^nd Corporate Governance Awards 2022

The 2^nd ICGU Corporate Governance Awards were held on 28th August, 2022 at Mestil Hotel, Nsambya, in partnership with Grant Thornton Uganda under the theme “Recognizing Adherence to Best Practices During COVID 19”. The Awards were hybrid; with 150 people in physical attendance while the rest online. The Chief Guest was Deputy Speaker of Parliament, the Rt. Hon. Thomas Tayebwa.