Friday, March 4, 2011

Stakeholders meet over Investment Awards

Story: Maxwell Adombila Akalaare

Business Leaders in the country have brainstormed a range of criteria and modalities to be adopted as benchmarks towards selecting prospective award winners for the upcoming Ghana Investment Awards night.
At a stakeholders meeting in Accra, representatives from the investment community, among other things, proposed that prospective award winners should be interviewed by the awards selection committee.
That, they maintained, would help reveal the capabilities of deserving firms and individuals of the various award categories.
The meeting, the second of its kind, was to review suggestions made by the stakeholders at an initial meeting held on February 8.
The President of the Premier Networking Investment Club (PNIC), organisers of the GIA, Mr Kwame D Amporful, said the meeting was meant to engage stakeholders in the “weighting to be attached to the criteria to ensure that the selection process is participatory.”
The GIA, the first of its kind in the country, is being organised by the PNIC under the auspices of the Association Chartered Certified Accountants (ACCA) and is slated for April 16 this year.
There are 16 award categories to be bestowed on deserving firms and individuals that distinguished themselves in the investment sector in the 2010 working year.
According to Mr Amporful, the awards criteria were prepared by Hatfield Business Consult in consultation with Morningstar Research, organisers of the Canadian Investment Awards.
He noted that the GIA would help spur excellence and tighten up competition in the country's investment sector.
"We believe the awards would stimulate competition among the industry," the president said, adding that the awards dinner is meant to award industry excellence while creating an opportunity for stakeholders to network.
He said though the award scheme would be administered by a jury, members of that jury would not be disclosed until a few hours to the ceremony, a move which he insisted was necessary to help bring sanity into the event.
 

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