In July this year, members will vote on the proposed new name for our Institute – The Hong Kong Chartered Governance Institute 香港公司治理公會. The proposed new name is the culmination of years of work by our Institute and our international body, The Chartered Governance Institute (CGI), to give our members recognition in the organisations they work for which better represents the value we bring as governance professionals.
The repositioning exercise that our Institute, together with CGI, has been implementing in recent years is not designed to change the direction of our profession, it is designed to improve the understanding of what our profession stands for. We have already made significant headway in this endeavor. All of our members have transitioned to our dual Chartered Secretary and Chartered Governance Professional (CS/CGP) qualifications and are using our new post-nominals (FCG FCS) for Fellows and (ACG ACS) for Associates. Moreover, our new qualifying programme – the Chartered Governance Qualifying Programme (CGQP) – together with our continuing professional development (CPD) services, are now better targeted to provide the training needed by our members for their expanded roles as governance professionals.
The name change, then, comes at the end of a long process. Moreover, all the other international divisions of CGI (with the exception of Singapore and Zimbabwe) have already updated their Institute names to become governance institutes. CGI, formerly known as The Institute of Chartered Secretaries and Administrators, adopted its current name in 2019.
I believe the proposed new name will not only improve the understanding of our profession among our stakeholders and the wider public, it will also give us greater confidence to carry out our roles. Acting as the conscience of organisations is not always an easy task. Sometimes this means asking questions and challenging the board. In this context, having the backing of a professional body explicitly dedicated to supporting its members in the art of bringing excellence in governance to organisations across all sectors of the economy and society, will be no small reassurance and inspiration.
Finally, I would like to thank the many people who have contributed to our name change initiative and, in my capacity and on behalf of the Council, to urge all members to vote for the proposed new name for our Institute at our upcoming general meeting in July.
Gillian Meller FCG FCS