Corporate Governance: Guinness signs up for CBi

Guinness Nigeria Plc has signed up the Convention on Business Integrity (CBi), making it the first company to subscribe to this principles in the brewery sector in Nigeria.

This, according to a statement by the company, is a reflection of its commitment to good corporate governance principles, integrity, honesty and fairness.

Speaking at the signing ceremony, Managing Director, Guinness Nigeria  Plc, Devlin Hainsworth, said: “At Guinness Nigeria, we believe in building and sustaining a robust compliance culture in our organization and business  transactions.  We are proud of what we do, and we are proud to do it in the right way.

“I  believe  the  success  of  Guinness  Nigeria is not only founded on the commitment  and  hard  work of our dedicated staff, suppliers, distributors and  partners, but  also on the values of transparency and integrity which underpin our every business transaction.”

Also  speaking, Chief Executive Officer, Diageo Plc, parent company of Guinness Nigeria, Mr. Paul Walsh said, “The Diageo  Code  of  Business  Conduct  guides  all  our  business  practices worldwide  and  provides  a  global  reference  point  for us on issues of compliance  and  ethics  in our daily business transactions.

“For us, it is not just a Code, it fundamentally informs the way we work every day, everywhere.”

Guinness Nigeria said the CBi was established in 1997 to empower businesses in Nigeria to tackle corruption and corrupt practices.