The call was made at the ORC Stakeholder Symposium in Accra, themed “Resetting the Business Environment: The Role of Enterprise Risk Management.”

The event brought together policymakers, regulators, industry leaders, and development partners to reflect on emerging risks confronting businesses, from governance and compliance lapses to technological and financial disruptions.

According to the ORC, embedding ERM into the country’s corporate culture is key to improving transparency, investor confidence, and long-term growth.

Attorney-General and Minister for Justice, Dr. Dominic Akuritinga Ayine, said the complexity of today’s business environment makes risk management indispensable. “Enterprise Risk Management is not only about avoiding pitfalls, but about positioning companies to respond with resilience, make informed decisions and create long-term value,” he stressed.

Registrar of Companies, Maame Samma Peprah, in her welcome address, highlighted that the ORC’s work goes beyond registration and regulation. “When businesses operate in a transparent, well-regulated and risk-conscious environment, they can attract investment, expand opportunities, and contribute meaningfully to national development,” she noted.

She further outlined reforms under the Companies Act, 2019 (Act 992), including mandatory beneficial ownership disclosures, filing of annual returns with audited financials, and limits on auditor tenure, which she said strengthen corporate accountability.

Delivering the keynote address, Board Chairman of the Securities and Exchange Commission,Dr. Adu Anane Antwi ,reinforced the need for institutional efficiency, stating: “Improving service delivery across public and private institutions is critical if Ghana is to create the predictable and enabling environment that investors require.”

The symposium emphasized that the ORC views ERM as a framework to improve service delivery, build trust, and align its mandate with Ghana’s broader economic transformation agenda.

Stakeholders are expected to develop actionable recommendations from the symposium to strengthen compliance, enhance governance, and build a more resilient business ecosystem.