Covid 19, Risk
Omodele Jones
Part 6 - Mitigation - The Gambian View from ...

This is Part 6 of a 9 part series of 4 min interviews with Corporate Leaders on the COVID 19 experience of Corporate Africa. Part 6 interviews Lamin Manjang, the Group CEO for West Africa operations of Standard Chartered Bank. His previous assignments with the Bank recently included a stint as Group CEO of the Bank's East Africa operations.

In Part 6, Lamin responds to the second of three questions:

"How well did Corporate Africa mitigate the risks of the COVID 19 pandemic? What lessons have been learnt?".

Part 6 - Mitigation - The Gambian View from Nigeria: COVID 19 & Corporate Africa
Covid 19, Risk
Omodele Jones
Part 5 - Mitigation - The View from Eastern ...

This is Part 5 of a 9 part series of 4 min interviews with Corporate Leaders on the COVID 19 experience of Corporate Africa. Part 5 sees the return for a second question of Stanley Tsikirayi, a highly experienced governance practitioner who serves on Boards in Eastern & Southern Africa.

Part 5 - Mitigation - The View from Eastern & Southern Africa: COVID 19 & Corporate Africa
Covid 19, Risk, Corporate Governance
Omodele Jones
Part 4 - The West African View from Ghana: ...

This is Part 4 of a 9 part series of 4 min interviews with Corporate Leaders on the COVID 19 experience of Corporate Africa. Part 4 interviews Sadia Chinery-Hesse, Group Head, Legal & Company Secretary, Enterprise Group West Africa. Enterprise are an insurance company headquartered in Ghana, with operations in Nigeria and The Gambia.

Part 4 - The West African View from Ghana: COVID 19: The Experience of Corporate Africa
Risk, Covid 19, Corporate Governance
Omodele Jones
Part 3 - The Pan-African View from Nigeria: ...

This is Part 3 of a 9 part series of 4 min interviews with Corporate Leaders on the COVID 19 experience of Corporate Africa. Part 3 interviews Mr Lamin Manjang, the Group CEO for West Africa operations of Standard Chartered Bank. His previous assignments with the bank recently included a stint as Group CEO of the bank's East Africa operations. In Part 3, Lamin responds to the first of three questions: "In the African context, how foreseeable was a pandemic?".

Part 3 - The Pan-African View from Nigeria: COVID 19: The Experience of Corporate Africa
Omodele Jones
Part 2 - COVID 19: The Experience of Corporate ...

Part 2 of a 9 part series of interviews with corporate leaders on the experience of Corporate Africa with COVID 19

Part 2 - COVID 19: The Experience of Corporate Africa
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A Major Consultation from the IFRS Foundation

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The IFRS Foundation starts a Major Consultation on a Role in Sustainability Standards

A major development, particularly timely as part of the post- COVID19 imperative to take nature's woes and man's unsustainable recklessness seriously. Too many, uncoordinated, sustainability standards initiatives, needs a harmonised global approach. The Foundation may be well placed to facilitate that harmonisation. I am in principle against monopolies, believing that plurality, well managed, can be a strategic eco-system strength. So, the challenge will be how to combine the efficiencies of central coordination with the effectiveness of a plural structure, securing buy-in from key stakeholders. As a former National Standard Setter (NSS), my experience is that the Foundation, through its links with NSSs and other eco-system entities for accounting standards, has already shown that such a combination of efficiency and effectiveness is possible. For all our sakes, let us hope that this initiative delivers results and FAST. Comments are due by 31 December 2020.

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New Article from the IAASB

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"The publication assists auditors in understanding whether a procedure involving automated tools and techniques may be both a risk assessment procedure and a further audit procedure. It also provides specific considerations when using automated tools and techniques in performing substantive analytical procedures in accordance with International Standard on Auditing 520, Analytical Procedures..."

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Russian Roulette, Covid19 & The Curious British Decision on Spain Travel

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All are in tizzy: normal rules don't seem to apply. Well, rules of #risk & #governance #management DO obtain. 1- do not panic: emotions drive bad decisions! 2- be proactive & not reactive! Proactiveness starts with “first principles” – strip away noise & see the bare bones. What are COVID's first principles? 1- it isn't an existential threat to #society! Worst, it may do less or as much fatal harm as #HIV/AIDS. 2- it strikes via #uncertainty of incidence and a savage reduction of personal and business #confidence. So, COVID19 is Russian Roulette, no one knows whether their shot has the bullet! That wrecks economies and may kill more than the #virus! So, reduce uncertainty via governance decisions. Ok, why the British reversal of its #quarantine order on travel to #Spain? Well, it looks good as a reaction, but it reduces virus uncertainty by a tiny amount in exchange for a major spike in economic uncertainty that may do more harm! Better the #SierraLeone approach of “test before you leave, test when you land, test when you come back” plus monitor after arrival? Surgical precision vs Sledgehammer?