Institute of Corporate Governance of Uganda - ICGU

The Institute of Corporate Governance of Uganda (ICGU) invites Boards Members, CEOs, Business owners and Senior Managers to a 3 day - split Excutive Corporate Governance Training starting on 6th November 2025 at Imperial Royal Hotel.

To book your seat email [email protected] or call 0782239754

"ICGU AT 25 YEARS: THE VANGUARD OF GOVERNANCE"

Twenty-five years ago, at the on set of privatisation a vision was cast—a vision for a Uganda anchored in the principles of accountability, transparency and integrity. Today, we don’t just celebrate a milestone; we celebrate the realisation and enduring power of that vision. We celebrate the Institute of Corporate Governance of Uganda (ICGU) at 25 years: The true Vanguard of Governance.

The term ‘vanguard’ is deliberate. It signifies more than just being the first. It speaks of leadership from the front, of charting a course through uncharted territory, and of setting the standard for others to follow.

Cast your minds back a quarter of a century. The conversation around corporate governance was nascent, a concept understood by few but vital for all. It was in that environment that the ICGU was born—not merely as an institution, but as a movement to archor Uganda’s private sector led economy. It was a bold declaration that for Uganda to achieve its full economic potential, how we conduct business had to be as important as the business we conduct.

As the vanguard, our journey has been one of principled conviction.

1. We were the pioneers who first championed the director’s role not just as a title, but as a duty of stewardship and ethical responsibility.

2. We were the front-runners in developing the standards and professional training that have cultivated a cadre of respected governance practitioners who are sought after, not just in Uganda, but across the region.

3. We have been the steadfast advocates in the halls of policy, making the case that good governance is not a luxury, but the very bedrock of investor confidence, economic stability, and sustainable national development.

The impact of this unwavering leadership is visible all around us. It is seen in the strengthened boards of our leading companies, NGOs and professional associations. It is reflected in the increased transparency within our public sector entities. And it is felt in the growing international confidence in Uganda as a place to invest and do business. We did not just introduce a new vocabulary; we helped build a new culture.

But the role of a vanguard is never static. The battles of yesterday are not the challenges of tomorrow. As we celebrate our legacy, we must also fix our gaze firmly on the future. The next frontier of governance is already upon us, defined by digital transformation, the urgent call for sustainability and ESG, and the complexities of an interconnected global economy.

Our pledge today, on our Silver Jubilee, is this: The ICGU will continue to be the vanguard. We will lead the conversation on governing Artificial Intelligence and managing cybersecurity risks. We will champion the integration of environmental and social principles into corporate strategy, ensuring that progress does not come at the planet’s expense. And we will redouble our efforts to mentor and empower the next generation of ethical leaders who will steer our nation for the next 25 years and beyond.

To our founding members, your foresight was extraordinary. To our partners in government and the private sector, your collaboration has been invaluable. To our members, you are the living embodiment of our mission. Thank you.

Today is a celebration of immense achievement. But it is also a moment of recommitment. A recommitment to the principles that have guided us, and a recommitment to our role as the ever-vigilant, ever-forward-looking vanguard of governance in Uganda.

Thank you for being part of this journey.

To a Happy 25th Anniversary! For a better-governed society!

……………………………………………………………..
Dison B. Okumu
Chief Executive Officer, ICGU
[email protected]

Today, Dison Bosco Okumu, CEO of The Institute of Corporate Governance of Uganda (ICGU) delivered a Corporate Governance Training to hundreds of business owners under the Business Rescue and Aftercare Program ( ) organized by the Uganda Registration Services Bureau URSB.
The CEO received a certificate of appreciation from Caroline Egesa, the Commissioner Registration Services- Insolvency and Receivership.

While CEO emphasized the step by step adherence and observance of Corporate Governance practices, Ms. Carol noted that Corporate Governance deficiencies is one of the biggest killers of Business in Uganda and the region.

Congratulations to MTN Uganda Sylvia Mulinge, the Chairperson Board - Mr. Charles Mbire upon release of the Inaugural MTN Sustainability Report 2024.

Corporate Uganda is increasingly getting into the space; re-imaging, measuring and re-engineering their processes, assessing and documenting their impact in relation to .

A Sustainability Report, a reflection of operations and practices of a corporate entity to do meaningful business while balancing environmental, social and economic/governance dimensions to ensure long-term health of the Planet and Inhabitants by using the finite resources at arate that allows replenishment and fosters well-being for the generation to come.

Dison Bosco Okumu, CEO of ICGU attended and commended the MTN Uganda 4-Pillars Reporting Framework;

1. Doing for Planet
2. Doing for People
3. Doing Right
4. Doing for Growth

Below are some of the highlights from the report;

Grant Thornton Uganda Coca-Cola Beverages Uganda Amula Albert Geoffrey Kihuguru National Environment Management Authority (NEMA) Uganda Kampala Capital City Authority - KCCA CMA CGM GROUP (Official) Uganda Registration Services Bureau Joshua Mawerere Uganda Development Bank Ltd Uganda Breweries Limited Uganda Civil Aviation Authority Uganda Communications Commission Umeme Limited Uganda Manufacturers Association Uganda Bureau of Statistics Uganda Revenue Authority (URA) Uganda Tourism Board-UTB Uganda National Bureau of Standards Deposit Protection Fund of Uganda PostBank Uganda Ltd Centenary Bank U.S. Embassy Kampala

As part of the 'ICGU MEET THE CEO program", Mr. Dison Bosco Okumu, CEO of ICGU met Mr. Shashi dhar, MD of Bank of Baroda Uganda today morning and discussed a partnership between the two institutions.

Bank of Baroda Uganda Limited (BOBU), is a commercial bank in Uganda focusing on large corporations, small and medium enterprises, and individuals. BOBU is licensed and regulated by the Bank of Uganda.

BOBU is a subsidiary of the Bank of Baroda (BoB), an international bank with headquarters in Mumbai, India. BOBU is listed on the Uganda Securities Exchange (USE) where it trades under the symbol "BOBU" and is regulated by the Capital Markets Authority (CMA) Uganda

DON'T MISS a powerful conversation for every leader, change maker and forward-thinker.

In the disruptive edge of AI, how will your Board remain effective, agile and future-ready?

Join the INSTITUTE OF CORPORATE GOVERNANCE OF UGANDA and the Directors Forum Kenya in a webinar on;

🗓️ 4th July, 2025

🕒 10:30 AM - 01:00 PM

📌 ZOOM

🔗 REGISTER: https://lnkd.in/dF3YeNsz

For any dificulties contact 0782 239 754.

Happy Friday!

ICGU TRAINS IVORY BANK OF SOUTH SUDAN

As part of capacity building across the region, ICGU held a 5 days Board training for Ivory Bank of South Sudan at Sheraton Kampala Hotel.

The training covered core modules of Corporate Governance i.e.

✅ESG practices & Reporting,
✅AI Governance
✅Risk Governance - Prediction, Management and Mitigation
✅Digital Transformation Management
✅Board Decision Making and Monitoring
✅ Stakeholder Engagement practices among others.

The Board also enjoyed a guided tour to other Commercial Banks in Uganda.

This afternoon the Institute of Corporate Governance of Uganda - ICGU has signed an MOU with the Directors Forum Kenya (DFK). On behalf the parties; Mr. Geoffrey Kihuguru, President ICGU and Mr. Meshack Joram, Executive Director DFK agreed collaborate on;

✅ Provision and promotion of quality Corporate Governance training in the region.

✅ Enhancing development of the Directorship profession.

✅ Capacity building through joint regional workshops, seminars and Conferences for Directors.

✅ Development of both institutions regionally and International.

✅ Documentation and popularisation of African Corporate Governance best practices.

✅ Recognition of Directors and organisations that observe and adhere to Corporate Governance best practices.

✅ Create and increase Corporate Governance practices in both the Private and Public Sectors in the region.

The signing of the MOU was witnessed by Dison Bosco Okumu, Chief Executive Office, ICGU.

We congratulate the Deputy VC, the Dean of Students, the Director Human Resources and the Chief Administrator of Martyrs University among others upon completion of the "ACE IN THE DECK" Corporate Governance Training 2025.

This training covers the 12 Standard Corporate Governance modules and only admits , and to enhance their Corporate Governance knowledge and practices.