Sanwo-Olu Advocates for Enhanced Governance at ICSAN 60th Anniversary

At the 60th anniversary conference of the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) in Lagos, Governor Babajide Sanwo-Olu urged for stronger collaboration between the institute and public institutions to enhance governance. Represented by Barrister Bimbola Salu-Hundeyin, the Secretary to the State Government, Sanwo-Olu emphasized the importance of effective governance in building resilient businesses and public institutions.

He encouraged corporate leaders to weigh the long-term impacts of their decisions on various stakeholders. The conference, themed “Balancing Profit and Purpose: Advancing Sustainable Business Practices in Emerging Economies,” focused on how businesses can remain competitive while adhering to environmental and social accountability.

Professor Biodun Adedipe delivered the keynote address, advocating for a shift from profit-only metrics to sustainable practices that create lasting economic and social value. He illustrated this with a hypothetical example of a Nigerian manufacturing company investing in solar energy and local development while maintaining profitability.