Background

Given the current rapid business changes where corporate governance, risk management, and compliance are pivotal to organizational integrity and success, the FITC Global Directors Programme on Strategic Governance, Risk, and Compliance equips board members and senior management leaders with advanced technical competencies required to navigate their complex oversight functions. The programme is specially designed to deep-dive into the intricacies of strategic governance frameworks, risk assessment methodologies, and compliance mechanisms, ensuring participants are proficient in implementing robust oversight and control systems. Also, the programme will ensure top leaders gain the technical expertise needed to steer their organizations through complex regulatory landscapes and dynamic risk environments.

The programme will focus on how GRC has evolved from a lose grouping of siloed, compartmentalized and often disparate or amorphous areas to a comprehensive function with the express purpose of supporting strategy formation and execution. In contrast to traditional GRC, modern “strategic” GRC, as discussed in the programme, takes its shape from its successful adoption by leading organisations where it has been value-enhancing. Adopting more experiential presentation styles, robust in-class exercises and case studies, the programme addresses both ideal structural models as well as common GRC challenges. The programme will also offer extensive opportunities for technical networking, where participants can exchange insights on the latest governance, risk, and compliance technologies and best practices with peers from various industries.

Therefore, it is against the above background that FITC is pleased to design and deliver this programme, titled, “Global Directors Programme: Strategic Governance, Risk and Compliance for Board and Senior Management Leaders”. Among other things, the programme offers a deep dive into advanced governance frameworks, sophisticated risk management tools, and comprehensive compliance systems, enabling participants to implement and oversee robust corporate controls.

Learning Outcome

• Develop more proficiency in applying governance maturity models, deploying governance frameworks, and using board evaluation tools to enhance governance effectiveness and board performance.
• Develop more robust understanding in applying quantitative risk assessment techniques such as probabilistic risk assessment, risk modeling, and scenario analysis to identify and evaluate potential threats systematically.
• Gain more expertise in overseeing deployment of compliance management software, conducting compliance audits, and integrating compliance metrics and reporting tools to ensure regulatory adherence and mitigate compliance risks.
• Ensure more strategic oversight role by the board through consistent crisis simulation exercises by the management team, develop comprehensive crisis response strategies, and use contingency planning tools to effectively lead their organizations through crises and unforeseen challenges.

Learning Objective

• Develop an in-depth understanding of advanced governance structures and assessment tools.
• Equip Board members and Senior Management team with the ability to use sophisticated risk assessment methodologies.
• Enable Directors and top leaders to design, implement, and manage comprehensive compliance management systems using advanced technologies.
• Strengthen directors’ decision-making capabilities through the use of advanced analytical tools and decision support systems.
• Develop technical proficiency in designing and implementing robust crisis management and contingency planning frameworks.

Target Participants:

This aim of the programme is to prepare existing and future board leaders and members as follows:

• Board Chairs, Directors, Non-Executive Directors, Board Members of financial and non-financial institutions, DGs, Presidents, Managing Partners/CEOs, C-suite and Senior Executives from both public and private sector organizations, across industries in Sub-Sahara Africa, in related GRC functions.
• DGs and Directors of Regulatory Agencies, such as: Central Bank of Nigeria (CBN), NDIC, SEC, NAICOM, NGX Group, FMBN, DBN, Federal Ministry of Finance, etc.
• Participants might be current and future Chief Risk Officers (CROs), CFOs, Chief Compliance Officers (CCOs), as well as future participants in related GRC functions.

Course highlights:

• Understanding the business case for GRC
• Role of Governance, Risk and Compliance in increasing value by enhancing performance
• Measuring GRC using Key Performance Indicators (KPIs)
• How GRC can be shaped to support common strategic initiatives (e.g., digital transformation, M&A, corporate investment, innovation, etc.)
• Gauging Risk Culture, including reticence, resistance, ignorance and pushback
• Implementing GRC along COSO ERM and best-practice lines
• Distinguishing KPIs and Key Risk Indicators (KRIs)
• Developing an Engagement Process for stakeholders
• The CRO, CCO and Corporate Secretary Roles in GRC
• Ownership in GRC
• Challenges to Effective GRC: Conduct Risk, Weak Risk Culture, Bias at the Board- and Committee-Levels

COURSE FEE
$4,500.00 (Four Thousand, Five Hundred Dollars.) (This fee covers tuition and full course documentation, but EXCLUDES Accommodation, Air fare and other travel costs).

Refund of Fee: Fees paid for participants who do not turn up eventually would be refunded, subject to a deduction of 25% administrative cost.

Account Name: Financial Institutions Training Centre
Bank Name: GT Bank
Account Number: 0129551101
Sort Code: 058-152052
Swift Code: GTBINGLA

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