Corporate governance procedures help a business become more efficient while reducing both risk and the potential for corruption and mismanagement.
If you are not trained in law, you may be surprised by the number of rules, regulations and laws you may break while operating a business, without even knowing it! A good corporate governance programme can boost your reputation and limit the potential of employee fraud and conflicts of interest. Companies following a set of best practices will tend to act in the best interest of the business and stakeholders, gaining the trust of investors, customers, the community, as well as enjoying greater profits and faster growth.
This course will cover the latest principles and best practices of corporate governance and responsibilities of directors, discussing key trends as well as using relevant case studies.
When and where?
This course will be presented twice in 2023:
| Dates and times | Platform / venue | Fee |
| 22 to 26 May, 9:00-13:00 SAST (20 hours over five days) |
Remote (most likely on Zoom) | R6,950 |
| 26 to 28 September, 9:00-17:00 SAST (three full days) |
Face-to-face at UCT | R8,950 |
Course outline
The following topics will be dealt with during the course:
- An overview of corporate governance
- International corporate governance trends
- The evolution of corporate governance in South Africa
- An in-depth review of King IV including ethical and effective leadership
- Regulation and legal entities
- Directors' and prescribed officers' including role and responsibilities and business judgement rule
- Board committees including Audit/ Risk/ Social & Ethics/ Remuneration/ Nomination
- Role of the Company Secretary
- Risk governance and risk management
- Integrated reporting/transparency and disclosure
- ESG and sustainability
- Remuneration governance
- Institutional shareholders critical role and review of second Code for Responsible Investing in South Africa in 2022 (CRISA 2)
Various case studies will be utilised in a group discussion format.
Who will benefit from this course?
Small business owners, corporate lawyers, compliance officers, risk managers, company secretaries, sustainability and stakeholder managers, aspirant directors, board committee members, senior managers, and officers/executives charged with governance duties in an organisation.
Presenter
Richard Foster is a corporate governance advisor and professional independent director/chairman. He is a chartered secretary and a chartered director and his qualifications and professional designations include CD(SA), FCG (CGP), HFinstD, HDip Company Law (Wits), HDip Tax Law (RAU); PG Dip Corporate Governance (RAU) with distinction. Richard has held senior leadership positions in two of the largest Global Groups based in South Africa during his corporate career. Prior to joining Old Mutual in 2001, where he held the position of Group Secretary until July 2013, the bulk of his career was spent with Anglo American, inter alia, occupying the position of Group Secretary of Mondi Limited. He has over the years had responsibility for Corporate Governance, Corporate Secretariat, Risk Management, Corporate Insurance and Legal Services operating at a national as well as international level. Richard has been extensively involved in various corporate governance initiatives in the broader business environment and has participated as a speaker and panellist in a number of business seminars and forums over the past years, both locally and overseas has been published as a co-author of various articles in certain leading international academic law journals. Richard served as Non-Executive Chairman of the Institute of Directors in Southern Africa and is a member of the King Committee on Corporate Governance and was a member of the task team responsible for the drafting of King IV. Richard is also a founding and current member of the CRISA Committee, which undertook the drafting of the Code for Responsible Investing in Southern Africa as well as CRISA 2 in 2022 applicable to Institutional Investors.
CPD accreditation
This course has been registered with the Institute of Directors of South Africa (IoDSA) and entitles you to 21 CPD points on completion.
Certificate
A certificate of attendance from UCT will be issued to those who attend the entire course.
How to sign up
Complete and submit the registration form. You will then be given the payment information. Please note that registrations will not be accepted until payment has been made.
One week before the course, we will send you information regarding the programme and directions to the venue.
Registrations close seven days before the course starts.
Download the brochure.