Board Accountability in the Procurement Process

Sound public procurement policies and practices are among the essential elements of good corporate governance.  Irregular procurement activities in public and private organizations provide the biggest loophole through which resources are misappropriated.

The Board of Directors has a critical role in ensuring that the procurement function is managed effectively as part of its responsibilities for managing risks and providing value to its stakeholders.

This breakfast seminar provides guidance on the division of responsibilities in the procurement function and examines the requirements of directors in accordance with the Public Procurement & Disposal of Public Property Bill which was passed by the Senate on December 16th 2014.

• Directors
• Corporate Secretaries
• Chairmen
• Corporate Governance Committee Members
• Procurement Managers & Officers

•  

  What will be covered?
  
• Board Accountability in the Procurement Function 
• Best Practice Guidance for Separation of Duties in the Procurement Function 

•  

  Benefits
  

  Best practice guidance for effective governance of the procurement function. Information to assist in creation of procedures which will lead to value added results for shareholders and stakeholders.

  CPD
  

  This event will count towards CCGI’s CPD system which is still under development and to be approved by ACTT
  

Presenters

  Christine Tonkin

Axel Kravatzky

 Afra Raymond

President, JCC