The Association of Stockbroking Houses of Nigeria, (ASHON) is seeking partnership with a Mauritius-based Information and Communications Technology ( ICT) Company, Acoyvis Limited. The foreign ICT firm has proposed an international workshop for ASHON to address the global best practices in technology governance and the need to enhance oversight functions of board members of Stockbroking firms and bring them closer to the staff in the back office for harmonious operations.
In a statement made available to newsmen, ASHON said Acovyis, adjudged as one of the leading companies in ICT training has proposed a comprehensive training programme for board members of stockbroking firms and back office staff in line with the global best practices in technology governance and oversight functions.
If endorsed by ASHON, the proposed series of joint workshops will address a wide range of issues that will strengthen international competitiveness of its members. Addressing ASHON’s Executive members, Acoyvi’s Chief Executive Officer, Susanne Alfs, stressed the essence of continuous training of board members and back office staff to upscale their skills in view of frequent challenges in ICT architecture.
She explained that disruptive trends in the ICT world have brought into fore the imperative of acquisition of latest skills in technology. “With technology invading even the remotest corner of our organizations, it is also moving up a few notches on a typical board agenda,” she said. “But in the past, technology knowhow was not typically sought after in board members. That is why many boards today struggle to keep up.”
Responding, ASHON’s Chairman, Chief Patrick Ezeagu, described her presentation as a management change that every board must embrace. Ezeagu noted that the presentation has re-opened the on-going discussion on the fourth revolution and the need for every professional to be prepared for a change.