Latest update February 23rd, 2025 1:40 PM
Apr 14, 2018 Letters
The Private Sector Commission of Guyana (PSC) and the Caribbean Corporate Governance Institute on Monday signed their first Memorandum of Understanding (MOU) at the Hyatt Regency Trinidad, Port of Spain.
The purpose of the agreement is to use the complementary objectives of both entities and arising synergies to foster exemplary models of corporate governance in Guyana, the PSC disclosed in a release.
Officials present to execute the MOU included Ramesh Dookhoo, Corporate Coordinator of the Private Sector Commission of Guyana and the Chief Executive Officer of the Caribbean Corporate Governance Institute, Denise Deonarine.
The Caribbean Corporate Governance Institute (“the Institute”) is a membership based organisation for governance professionals. It is headquartered in Trinidad.
The Institute is a duly incorporated, not-for-profit company that is self-funded. Established in 2012, the Institute is dedicated to being part of a solution-oriented ecosystem that fosters good corporate governance within the Caribbean region.
According to the PSC, the Institute aspires to enhance the professional standard in all boardrooms in the Caribbean.
The Institute has co-authored the Trinidad and Tobago, Corporate Governance Code and has hosted corporate governance events that focused on Family Owned Governance, Governance for State Owned Enterprises, Women in Governance and offers its Certificate in Corporate Governance.
Deonarine noted that “the Institute is elated to join forces with the Private Sector Commission of Guyana through this MOU. Guyana is a critical part of the English-speaking Caribbean, which is the geographical focus of the Institute’s mandate. Many of the entities in the region face similar corporate governance challenges.”
The commission noted that in an era where both the private and public sector are being asked to do more with less, it is critical to collaborate with like-minded organisations that want to preserve and foster the well being of the region.
Dookhoo advised that “the Commission is equally pleased to partner with the institute given its independent work as a self-funded entity. Our focus remains on addressing national issues and influencing policies which will promote socio-economic growth and development.”
The two entities will be manifesting its partnership in 2018 with a series of joint corporate governance events. This includes its inaugural breakfast seminar on May 23, 2018 at the Guyana Marriott Hotel, Georgetown from 7:00am to 11:30am.
The seminar, titled “Leading With A Progressive Perspective”, will be delivered by international faculty member of the institute and global expert of Corporate Governance, Alison Dillon Kibirige.
According to the PSC, in July 2018, both entities will host a full day corporate governance seminar dedicated to family-owned businesses with a focus on Succession Planning.
Pic filed as ramesh dookhoo
Caption: Ramesh Dookhoo, Corporate Coordinator of the PSC and the CEO of the Caribbean Corporate Governance Institute, Denise Deonarine shake hands after executing the MOU.
Feb 23, 2025
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