Tag: CIPE

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Business Integrity Innovations

Business Integrity Innovations: Collective Action Against Corruption: Insights from Pana Ratanabanangkoon

Business Integrity Innovations is brought to you by the Center for International Private Enterprise (CIPE) and the Compliance Podcast Network (CPN). This podcast is inspired by Ethics 1st, a multi-stakeholder initiative led by CIPE that creates pathways for accountable and sustainable investment in Africa. Companies can use Ethics 1st to standardize their business practices, develop sound corporate governance systems, and demonstrate their commitment to compliance and business ethics.

In this episode, Tom and Lola are joined by Pana Ratanabanangkoon, who has over 30 years of experience in the energy industry and is a key figure in the anti-corruption movement. Pana shares his journey from working with Shell in various countries to leading the Thai Collective Action Against Corruption (Thai CAC). He details the evolution of Thai CAC, highlighting its significant growth and innovative strategies in collective action, certification processes, and compliance. Pana also discusses establishing the International Collective Action Network (ICANN) to support similar initiatives globally. The conversation delves into the challenges and motivations driving anti-corruption efforts in the private sector and explores future trends, including the potential role of AI in enhancing compliance programs.

Key highlights:

  • Pana’s Professional Background
  • Role in Anti-Corruption Efforts
  • Evolution of Thai CAC
  • Challenges and Experiences
  • Future of Anti-Corruption Initiatives
  • Business Solutions to Corruption

Resources:

Pana Ratanabanangkoon on LinkedIn

CIPE

CIPE

Ethics 1st

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Business Integrity Innovations

Business Integrity Innovations: The Commercial Approach to Anti-Corruption: Insights from Dr. Maximilian Burger-Scheidlin

Business Integrity Innovations is brought to you by the Center for International Private Enterprise (CIPE) and the Compliance Podcast Network (CPN). This podcast is inspired by Ethics 1st, a multi-stakeholder initiative led by CIPE that creates pathways for accountable and sustainable investment in Africa. Companies can use Ethics 1st to standardize their business practices, develop sound corporate governance systems, and demonstrate their commitment to compliance and business ethics.

In this insightful episode of Business Integrity Innovations, hosts Tom Fox and Michele Crymes invite Business Integrity Innovations: The Commercial Approach to Anti-Corruption: Insights from Dr. Max Burger-Scheidlin from ICC Austria to discuss innovative strategies in the anti-corruption sphere. Dr. Scheidlin shares his journey from a lawyer engaged in corrupt practices to an advocate for business integrity. He narrates a compelling story of a Sudanese businessman who made profits without indulging in bribery by investing in after-sales service instead. This approach ultimately proved more profitable and sustainable than corrupt alternatives.

Dr. Scheidlin emphasizes the importance of mindset change and a commercial approach to anti-corruption, especially in high-risk countries where legal compliance alone is insufficient. He argues that fostering long-term egoism by showcasing the profitability of non-corrupt practices can significantly reduce corruption. The episode delves into anti-corruption’s macro and micro impacts, illustrating the economic benefits of integrity in business. The conversation concludes with practical advice for companies looking to implement anti-corruption measures and an invitation to visit ICC Austria’s website for more resources.

Key highlights:

  • The Sudanese Businessman and the Wake-Up Call
  • ICC Austria’s Mission and Role
  • Tools and Strategies for Anti-Corruption
  • Commercial vs. Legal Approach to Compliance
  • The Commercial Approach to Anti-Corruption
  • Macro and Micro Examples of Corruption Impact
  • Future of Anti-Corruption Efforts

Resources:

ICC Austria

ICC LinkedIn

CIPE

CIPE

Ethics 1st

Categories
Business Integrity Innovations

Business Integrity Innovations: Championing Integrity – Trade, Integrity, and Investment in Africa: Insights from Toki Mabogunje

Business Integrity Innovations is brought to you by the Center for International Private Enterprise (CIPE) and the Compliance Podcast Network (CPN). This podcast is inspired by Ethics 1st, a multi-stakeholder initiative led by CIPE that creates pathways for accountable and sustainable investment in Africa. Companies can use Ethics 1st to standardize their business practices, develop sound corporate governance systems, and demonstrate their commitment to compliance and business ethics.

Tom and Lola welcome Toki Mabogunje, a distinguished business leader and former Lagos Chamber of Commerce and Industry President, in this episode. She is also the Vice Chair of Africa at ICC World Chamber Federation. Toki shares insights from her extensive career, spanning public service, international law, and business development. Her discussion offers a deep dive into challenges and opportunities for businesses in Africa, emphasizing the importance of compliance and ethical practices. Toki also highlights the unique hurdles SMEs face, including access to finance and fluctuating government policies, and advocates for foreign investment and technical skill transfer to boost Africa’s economic landscape. Additionally, Toki discusses her role as the honorary consul for Tanzania to Nigeria, focusing on fostering trade relations and economic diplomacy between the two nations.

Key highlights:

  • Toki’s Professional Journey
  • Challenges in Accessing Finance
  • Importance of Business Compliance
  • Government Policy and Business Challenges
  • Opportunities for Western Companies in Africa

Resources:

Toki Mabogunje on Linkedin

TMC

ICC World Chamber Federation

CIPE

CIPE

Ethics 1st

Categories
Business Integrity Innovations

Business Integrity Innovations: Championing Integrity – Samia Tnani on Driving SME Growth Through Ethical Governance

The Compliance Podcast Network (CPN) and the Center for International Private Enterprise (CIPE) are bringing you Business Integrity Innovations. This podcast is inspired by Ethics 1st, a multi-stakeholder initiative led by CIPE that creates pathways for accountable and sustainable investment in Africa. Companies can use Ethics 1st to standardize their business practices, develop sound corporate governance systems, and demonstrate their commitment to compliance and business ethics.

In this episode, Tom Fox and Michele Crymes visit with Samia Tnani. Samia is a distinguished finance professional specializing in banking and impact investing, currently at the helm of impact and sustainability initiatives for AfricInvest Private Credit. She is deeply committed to integrating ethical business practices within SMEs in Sub-Saharan Africa, employing a comprehensive theory of change to ensure these principles are upheld across all investment stages. Samia believes that educating companies about the detrimental costs of unethical practices is paramount in encouraging them to adopt ethical standards, emphasizing that a culture of integrity and mutual trust is essential for business sustainability and growth. Through her leadership, AfricInvest Private Credit has secured over $2 billion in funds, showcasing the importance of ESG factors and high ethical standards to investors worldwide.

Key highlights: 

  • Driving SME Growth Through Ethical Governance
  • Ethics First: Promoting Integrity in Business Relations
  • Benefits of Ethical Business Practices
  • Fostering Ethical Standards for Sustainable Business

Resources:

Samia Tnani on Linkedin

AfricInvest Private Credit 

CIPE

CIPE

Ethics 1st

Categories
Business Integrity Innovations

Business Integrity Innovations: Championing Integrity – Em Ekong on the Future of African Entrepreneurship

The Compliance Podcast Network (CPN) and the Center for International Private Enterprise (CIPE) bring you Business Integrity Innovations. This podcast is inspired by Ethics 1st, a multi-stakeholder initiative led by CIPE that creates pathways for accountable and sustainable investment in Africa. Companies can use Ethics 1st to standardize their business practices, develop sound corporate governance systems, and demonstrate their commitment to compliance and business ethics.

In this episode of the Ethics First podcast, hosts Tom Fox and Lola Adekanye welcome Em Ekong, who discusses her extensive experience in entrepreneurship with a focus on supporting minority communities and women’s entrepreneurship in the UK and Africa. Em shares insights from her work with the Aspen Network of Development Entrepreneurs (ANDE), emphasizing the importance of collaboration and partnerships to nurture entrepreneurial ecosystems. She highlights the crucial role of ANDE in helping small businesses in the Global South, who often face significant challenges, access finance, markets, and development support, particularly through overcoming systemic challenges like corruption.

Em shares her vision of a future where African businesses maintain standards that attract global investment, advocating for consistent messaging, collaboration, and championing ethics. Key highlights include her work on ethics initiatives with the Center of International Private Enterprise (CIPE) and successful convenings that provide platforms for honest dialogues about challenges. Lastly, the episode underscores the long-term effort required to change entrenched systems and the importance of maintaining momentum in pursuit of transparency and ethical practices.

Key Highlights:

  • Aspen Network of Development Entrepreneurs (ANDE) Overview
  • Challenges and Success Stories in African Entrepreneurship
  • Addressing Corruption and Standards in African Business

Resources:

Em Ekong on Linkedin

Aspen Network of Development Entrepreneurs (ANDE)

Categories
Business Integrity Innovations

Business Integrity Innovations: Innovating Against the Odds – Dr. Amy Jadesimi on Ethical Business Practices in Nigeria

The Compliance Podcast Network (CPN) and the Center for International Private Enterprise (CIPE) bring you Business Integrity Innovations. This podcast is inspired by Ethics 1st – a multi-stakeholder initiative led by CIPE that creates pathways for accountable and sustainable investment in Africa. Companies can standardize their business practices, develop sound corporate governance systems, and demonstrate their commitment to compliance and business ethics using Ethics 1st.

In this episode of the Ethics 1st podcast, hosts Tom Fox and Lola Adekanye welcome Dr. Amy Jadesimi, a committee member of the Ethics First Advisory and a trailblazer in Nigerian industrial development. Dr. Jadesimi shares her incredible journey from being a medical graduate at Oxford and a banker at Goldman Sachs to earning her MBA at Stanford and leading LADOL in Nigeria. LADOL transformed from a single warehouse into a sprawling industrial hub during her leadership, slashing deep offshore logistics support costs and partnering with major companies like Samsung to create significant job opportunities and foster local industry growth.

Dr. Jadesimi discusses key aspects of her work, highlighting how compliance, sustainability, and ethical business practices drive innovation and competitiveness in challenging environments. She explains the importance of maintaining compliance to build trust, secure investment, and enable sustainable growth, emphasizing the positive impact on local communities and economies. Dr. Jadesimi’s insights provide valuable lessons for businesses striving to navigate regulatory challenges and make ethical decisions that lead to long-term success.

Key Highlights:

  • Building LADOL: Challenges and Successes
  • Navigating Regulatory Challenges
  • The Importance of Compliance
  • Sustainability and Business Efficiency
  • Future of Business in Nigeria

Resources:

CIPE

Dr. Amy Jadesimi on LinkedIn

LADOL

Categories
Business Integrity Innovations

Business Integrity Innovations: Partners of Trust: Building U.S. – Africa Business Relations with Kendra Gaither

The Compliance Podcast Network (CPN) and the Center for International Private Enterprise (CIPE) bring you Business Integrity Innovations. This podcast is inspired by Ethics 1st, a multi-stakeholder initiative led by CIPE that creates pathways for accountable and sustainable investment in Africa. Companies can use Ethics 1st to standardize their business practices, develop sound corporate governance systems, and demonstrate their commitment to compliance and business ethics.

The U.S. Africa Business Center’s president, Kendra Gaither, joins Tom Fox and Lola Adekanye in this episode. Kendra shares her extensive experience working with international markets, from her tenure as a diplomat with the U.S. Department of State to her current role. The discussion delves into the mission and impact of the U.S. Africa Business Center, which aims to strengthen trade and investment ties between U.S. and African companies. Key topics include the importance of regulatory environments, collective action through the American Chambers of Commerce, and ethical business practices and compliance in fostering trust and certainty in global markets. The episode highlights the significance of the rule of law and integrity in boosting business opportunities and creating sustainable partnerships.

Key Highlights:

  • Overview of the U.S. Africa Business Center
  • Key Issues and Solutions in Emerging Markets
  • The Importance of Ethics and Integrity in Business
  • The Role of Trust and Certainty in Business Relationships

Resources:

CIPE

US Chamber of Commerce

Kendra Gaither on Linkedin

Categories
Business Integrity Innovations

Business Integrity Innovations: The Compliance Solution(s) for African Markets

The Compliance Podcast Network (CPN) and the Center for International Private Enterprise (CIPE) bring you Business Integrity Innovations. This podcast is inspired by Ethics 1st, a multi-stakeholder initiative led by CIPE that creates pathways for accountable and sustainable investment in Africa. Companies can use Ethics 1st to standardize their business practices, develop sound corporate governance systems, and demonstrate their commitment to compliance and business ethics.

Join Tom Fox, Lola Adekanye, and Michele Crymes as they explore local innovative compliance solutions for African businesses to gain access to and excel in global value chains. Today, they visit the Ethics 1st initiative, which seeks to address corruption by building a network of compliance resources for businesses in Africa. Originating in 2017 and expanding across 13 countries by 2024, Ethics 1st has empowered African businesses to operate with integrity, promoting a business culture that rejects corruption. The discussion also highlights the potential for Ethics 1st to provide global returns by enhancing trust and visibility for African businesses among international investors and partners. The initiative emphasizes creating local solutions to combat corruption while offering global benefits.

Key Highlights:

  • Origins of Ethics First
  • The Role of Compliance Programs
  • Global Impact and Future Plans
  • Entrepreneurial Spirit in Africa
  • Challenges and Ethical Alternatives
  • Global Influence and Collaboration

Resources

CIPE

Ethics 1st

Categories
Business Integrity Innovations

Business Integrity Innovations: Inaugural Episode with Andrew Wilson

Business Integrity Innovations is brought to you by the Center for International Private Enterprise (CIPE) and the Compliance Podcast Network (CPN). This podcast is inspired by Ethics 1st, a multi-stakeholder initiative led by CIPE that creates pathways for accountable and sustainable investment in Africa. Companies can use Ethics 1st to standardize their business practices, develop sound corporate governance systems, and demonstrate their commitment to compliance and business ethics.

Join Tom Fox, Lola Adekanye, and Michele Crymes as they explore local innovative compliance solutions for African businesses to gain access to and excel in global value chains. Now, to your hosts for this episode, Tom Fox and Lola Adekanye.

Tom and Lola introduce the first-ever episode of Business Integrity Innovations, sponsored by Ethics 1st. They discuss the importance of business ethics, compliance, and anti-corruption efforts, particularly in the African subcontinent. The episode features Andrew Wilson, Executive Director of the Center for International Private Enterprise (CIPE), who shares insights on CIPE’s mission, the evolution of anti-corruption initiatives, and the significance of collective action models like the Thailand Collective Action Against Corruption program. Wilson also discusses the Ethics 1st initiative and the tiered approach to fostering corporate governance and compliance. Tom and Lola emphasize the role of business leadership in driving ethical practices and the importance of recognizing companies’ efforts at various stages.

Key Highlights 

  • Andrew Wilson’s Journey and Insights on Anti-Corruption
  • The Role and Evolution of CIPE
  • Challenges and Strategies in Anti-Corruption Efforts
  • Collective Action and the Thai CAC Program
  • Ethics 1st: Learning from the Thai CAC Model

Resources

CIPE

Ethics 1st