Wednesday, November 18, / 03:55 PM / by
NSE / Header Image Credit: Ecographics
The Global Reporting
Initiative (GRI), provider of the world's most widely used sustainability
reporting standards, has announced changes to its Board of Directors on
Tuesday, 17 November 2020. The four new Board appointees will take effect from
January 2021. Among the new Board Members announced is Mr. Bola Adeeko,
Divisional Head, Shared Services at The Nigerian Stock Exchange (NSE or The
Exchange).
GRI is the independent, international organisation that helps businesses and
other organisations take responsibility for their impacts, by providing them
with the global common language to report those impacts. Appointments to the
Board are on a voluntary basis and members serve a term of three years. The
membership is refreshed on a regular basis with a global public call for
applications.
Speaking on the election of
Adeeko into GRI, Oscar N. Onyema, CEO, NSE, said: "Bola's election is very
timely as the need to deepen sustainability reporting in Nigeria and across the
African continent becomes more pertinent during the decade of action. I
am very pleased that he would be extending his professional competence to
ensure that reporting on impact becomes common practice by many organizations
around the world".
Speaking on the appointment, Mr. Adeeko stated, "I am honoured to be appointed
to the Board of the GRI which remains the 'gold standard' in sustainability
reporting. The GRI has been an invaluable partner in advancing corporate
responsibility in Africa, consistently deepening its engagement with stakeholders.
I look forward to joining the returning board members and management team to
build on successes recorded to date and promote sustainable business practices
to deliver positive change".
Mr. Adeeko's election comes at a time when corporate sustainability is high on
the global agenda - reinforced by the impact of the pandemic and the need to
quicken progress on the Sustainable Development Goals - all of which emphasize
GRI's leadership role as an enabler for transparency and accountability. He has
proven himself as an accomplished business executive with over 27 years' cognate experience and currently heads the Shared Services Division of The
Nigerian Stock Exchange (NSE).
Following time spent with global companies namely: Sara Lee Corporation, First
Data Corporation, and JP Morgan Chase, he returned to Nigeria and held
positions such as Chief of Staff and Head, Corporate Services Division at the
NSE, and Interim CEO at Central Securities Clearing System PLC. He is an
alumnus of Harvard Business School and INSEAD at the executive and board
education level; Fellow, Institute of Directors (IoD), Nigeria; Fellow,
Institute of Credit Administration; and Associate, Chartered Institute of
Stockbrokers. He holds a number of Non-Executive board positions; IoD Centre
for Corporate Governance (Chair of the Audit & Risk Committee); United
Nations Global Compact Local Network; NG Clearing; NSE Consult.
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