{{Newly appointed director Generals of Public Enterprises and board members of Government Business Enterprises have undergone an induction training workshop on corporate governance, risk management and financial orientation to maximize enterprises market value.}}
Organized by the Ministry of Finance and Economic Planning through the Government Portfolio Management Unit (GPMU), the training was also aimed at equiping participants with knowledge on how to mitigate government’s exposure to fiduciary risk posed by public enterprises.
Permanent Secretary and Secretary to Treasury Kampeta Sayinzoga reminded participants at the beginning of the workshop that every single company that they sit on has a direct link to EDPRS2 strategic objectives.
“You should ensure that business objectives of companies you lead or boards you sit on are directly linked to national development objectives,” PS Kampeta said.
She urged participant to discharge their responsibilities with the highest level of integrity, transparency and professionalism.
The training is facilitated by the Institute of Certified Public Accountants of Rwanda (ICPAR). ICPAR has a Memorandum of Understanding with the Ministry of Finance and Economic Planning where the former is responsible for promoting capacity building and enforcement of best practices in areas of auditing, financial reporting, risk management and governance within public enterprises.
Over last four years, the Ministry of Finance and Economic Planning through Government representatives on Boards of Enterprises carried out several trainings mainly focused on risk management, corporate governance, Financial Management and strategic management.
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