The Directors Training Program organized by the Institute of Business Administration (IBA) is a specialized program designed to equip current and aspiring corporate directors with the knowledge, skills, and insights necessary to effectively fulfill their roles on boards.
The program typically covers a range of topics essential for good corporate governance, including:
- Corporate Governance: Understanding the principles of corporate governance, the role of the board, and the importance of ethical leadership.
- Legal and Regulatory Framework: Insight into the legal obligations and responsibilities of directors, including an overview of relevant laws and regulations.
- Financial Acumen: Enhancing directors understanding of financial statements, financial analysis, and the financial health of a company.
- Risk Management: Teaching directors how to identify, assess, and manage risks that may impact the company.
- Strategic Leadership: Training on strategic planning and decision-making processes at the board level.
- Board Dynamics: Improving interpersonal and group dynamics within the boardroom to enhance effectiveness.
The program is recognized by regulatory bodies and is tailored to help directors fulfill their roles with greater confidence and competence.
