Organised by The Ministry of Finance, State Interests and Governance Authority (SIGA), and the Institute of Directors Ghana (IoD-Gh), with Professor Douglas Boateng as Convenor, the event brought together lead­ing minds from various sectors to explore the crucial relationship between governance practices and sustainable development.

A significant highlight of the summit was the launch of Prof. Boateng’s new book, Practical Perspectives on Boardroom Gov­ernance.

The book provides actionable insights and practical strategies for enhancing governance practic­es, making it an essential resource for corporate leaders and board members committed to driving sustainable development.

Delivering the keynote ad­dress, the Minister of Finance Dr Mohammed Amin Adam, em­phasised the pivotal role of good governance in the attainment of sustained national development.

“Undoubtedly, good gov­ernance is a means to improve development outcomes. Indeed, at the macro level, numerous studies show a direct link between well-governed public institutions and better social outcomes,” Dr Adam stressed.

He added that, “Without accountability, sustainability initiatives aimed towards sustained development risk becoming su­perficial and failing to deliver real, lasting impact.”

Dr Adam underscored the relevance of robust governance structures for the success of organisations.

“Strong governance structures are essential for corporate success and the backbone of sustainable development. They are not merely beneficial but indispensable for the holistic success of any organi­sation,” he stated.

Speaking on the sidelines with the media, Professor Douglas Boateng highlighted the relevance of the summit amidst calls for the adoption of sustainable practices in governance.

“Today’s event is timely, profound and far-reaching. Good  governance is the cornerstone of trust and confidence in our institutions, which in turn drives investment, innovation, and growth. Our discussions today have highlighted that sustainable development is not just a corpo­rate responsibility but a societal imperative. By embedding gover­nance principles into our practices, we ensure that economic growth is inclusive and benefits all members of our community,” he explained.

He admonished participants to adopt insights from the summit in order to foster a sustainable future for coming generations.

“The strategies and insights shared at this summit provide a roadmap for leaders across sectors to implement practices that are both ethical and effective. This is particularly important as we face global challenges such as climate change, economic instability, and social inequalities. Our com­mitment to these principles will ensure that our development efforts are resilient and adaptable, fostering a sustainable future for generations to come,” Prof. Boateng noted.

Marked by insightful presen­tations, dynamic panel discus­sions, and invaluable networking opportunities, the maiden edition of the BGS was held under the theme; “Boardroom Governance, Accountability, and Long-term Sustainable Development: The Inextricable Links.”