Minister for Industry, Trade and Tourism Premila Kumar today urged the directors of the statutory bodies to adopt more comprehensive approach to risk management, diversity, change and the need to adapt to new technologies.
Kumar while speaking to the directors during a workshop today says there is a need for people with skills who can drive the organization forward.
This training course has been organised by the Ministry of Industry, Trade and Tourism, in partnership with the Australian Institute of Company Directors (AICD) for the first time.
“Accountability and transparency will only come up when we clearly spell out what your jobs are”, Minister Kumar said.
It is designed to challenge statutory boards to set higher standards.
The Minister also said that “There’s no point in a state board just having one set of people, who are simply financially good. But we also need to have people who have got people skills who can drive in the values that are required along with it.”
The training is facilitated by David Evans and Jenny Seeto from the AICD which provides the type of targeted training needed by Senior Executives of Statutory Board and Government to realise their obligations (both legal and financial) and broaden their horizons.
26 government and statutory body officials will be participating in the course.