Pelling said the collaboration of the Nairobi City County Government has been and will be central to shaping planned work which, following the ambition of the NCCG, has the aim of supporting the transition towards integrating risk management into development policy and practice in Nairobi.
In March this year, Pelling will hold a first substantial activity with NCCG Disaster Management and Coordination Sector.
Equally important, the NCCG (2011) has required the board of directors of companies quoted on the Nigerian Stock Exchange (NSE) to ensure sufficient disclosure of the risk management practices and procedures of their firms as this will in a long way assist in boosting organizational outcomes.
The year 2012 was selected as the initial year because the review of the NCCG takes place in the year 2011, hence, its full implementation kick-starts in the year 2012.
"The principles of the NCCG
are aligned with the OECD Guidelines for Corporate Governance of State-owned Enterprises, representing international best practice," said Fanny Weiner, World Bank senior public management specialist.
"It will have an influence on the agenda and strategies of NCCG
, which over the next three years is looking to meet the longer-term health needs of local people."
covers all 46 GP practices across the county who are working together to improve health and healthcare for the population of Northumberland - some 330,000 people.
Therefore, the purpose of this study is to examine the extent of disclosing risk management practices by the quoted financial service firms in Nigeria based on the requirements of the NCCG