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Company type | Professional body |
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Founded | 1891 |
Headquarters | Saffron House, 6-10 Kirby Street, London EC1N 8TS, United Kingdom |
Website | www |
The Chartered Governance Institute, previously known as the Institute of Chartered Secretaries and Administrators (ICSA), [1] is a qualifying and membership body for company secretaries and governance professionals operating in several common law jurisdictions.
The Institute has divisions in Australia, Canada, Hong Kong, China, Malaysia, New Zealand, Singapore, South Africa, Zimbabwe, the United Kingdom, and Ireland.
The division based in London is known as The Chartered Governance Institute UK & Ireland. It represents and supports members in the United Kingdom, the Republic of Ireland, Crown Dependencies, and associated territories, including the Caribbean, sub-Saharan Africa, the Middle East, Mauritius, and Sri Lanka.
The Institute has 38 branches and special interest groups, including the Chartered Secretaries Professional Practice Group, the Association of Women Chartered Secretaries and the CGI Registrars Group, and affiliations with organizations like the Worshipful Company of Chartered Secretaries and Administrators. The Chartered Governance Institute is a member of the CBI, ECODA, and the Professional Associations Research Network (PARN), and is a founding member of The Next Generation NED Network. [2]
Founded as the London-based Institute of Secretaries in 1891 [3] to represent the interests of corporate secretaries, who had emerged to govern the administration of joint stock companies following the introduction of limited liability in 1855. A royal charter was granted in 1902. In 1970, the Institute of Secretaries merged with the Corporation of Secretaries and then became the Institute of Chartered Secretaries and Administrators (ICSA) in 1971. In 2019, ICSA was renamed as The Chartered Governance Institute. [4]
The Chartered Governance Institute independently advocates for reform in governance and provides thought leadership and guidance to the public, private, and not-for-profit sectors. The Institute qualifies chartered secretaries and chartered governance professionals, conducts public and in-house training for governance professionals across different sectors, and offers bespoke training for boards. The divisions of the Institute publish magazines and resources to keep practitioners up to date with the latest in law, regulation, and procedure, including guidance, research, and specialist publications. They also run conferences for those working in corporate governance, charity governance, sports governance, and academy governance. The Institute also offers board performance and governance reviews and holds annual awards.
The Chartered Governance Institute provides qualifications in governance and awards post-nominals. The post-nominals awarded for chartered membership are Fellow (FCG/FCIS) and Associate (ACG/ACIS). For professional and part-qualified membership, the post-nominal is CG (Affiliated). Graduate members can use the post-nominal Grad CG or Grad ICSA. See List of post-nominal letters (United Kingdom).
The Chartered Governance Qualifying Program (CGQP) is the institute's flagship qualification and the most common route to graduate status and chartered membership in the institute. A person who has completed the CGQP and satisfies the prescribed working experience requirement is eligible for election as an associate or fellow of the institute. Associates and fellows are entitled to use the designation "Chartered Secretary" or "Chartered Governance Professional" or both, depending on the modules they have completed as part of the CGQP. [5] "Chartered Secretary" and the post-nominal "ACIS" are listed in the European Union (Recognition of Professional Qualifications) Regulations 2015, schedule 1, part 2 (Professions Regulated by Professional Bodies Incorporated by Royal Charter), thus making chartered secretaries a regulated profession. Both Chartered Secretary and Chartered Governance Professional are designations approved by the Privy Council of the United Kingdom. [6]
The division based in London also offers a Foundation Program, providing a broad introduction to business, governance, administration, compliance and company law; validated postgraduate courses; and short course qualifications in international finance and administration, corporate governance, charity governance, education governance, sports governance and health service governance. Holders of these qualifications are eligible for Affiliated membership. Other courses and qualifications are provided across all the divisions. Memoranda of Understanding are in place with The Institute of Company Secretaries of India (ICSI) and The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN).
The Chartered Governance Institute is one of eleven professional bodies whose members are allowed by the Charities Act 2011 in the UK to conduct independent examination of charities whose gross income exceeds £250,000 but is not otherwise subject to statutory audit. [7]
The City and Guilds of London Institute is an educational organisation in the United Kingdom. Founded on 11 November 1878 by the City of London and 16 livery companies to develop a national system of technical education, the institute has been operating under royal charter, granted by Queen Victoria, since 1900. The Prince of Wales, later King Edward VII, was appointed the first president of the institute.
Post-nominal letters, also called post-nominal initials, post-nominal titles, designatory letters, or simply post-nominals, are letters placed after a person's name to indicate that the individual holds a position, an academic degree, accreditation, an office, a military decoration, or honour, or is a member of a religious institute or fraternity. An individual may use several different sets of post-nominal letters, but in some contexts it may be customary to limit the number of sets to one or just a few. The order in which post-nominals are listed after a name is based on rules of precedence and what is appropriate for a given situation. Post-nominal letters are one of the main types of name suffix. In contrast, pre-nominal letters precede the name rather than following it, such as addressing a physician or professor as "Dr. Smith".
Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). It has 240,952 members and 541,930 future members worldwide. ACCA's headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of over 110 offices and centres in 51 countries - with 346 Approved Learning Partners (ALP) and more than 7,600 Approved Employers worldwide, who provide employee development.
The Royal Town Planning Institute (RTPI) is the professional body representing planners in the United Kingdom and Ireland. It promotes and develops policy affecting planning and the built environment. Founded in 1914, the institute was granted a royal charter in 1959. In 2018 it reported that it had over 25,000 members.
The Chartered Institute of Environmental Health (CIEH) is a professional membership body concerned with environmental health and promoting standards in the training and education of environmental health professionals.
The Chartered Institute of Public Finance and Accountancy (CIPFA) is a UK based organisation for accountants who work in the public sector, accounting firms and other professional bodies where management of public funds are required. CIPFA is the only UK professional accountancy organisation who is dedicated to public financial management. They currently have approximately 14,000 members. They offer qualifications including a professional qualification for public sector accountants as well as a postgraduate diploma for people already working in management.
A Company secretary is a senior position in the corporate governance of organizations, playing a crucial role in ensuring adherence to statutory and regulatory requirements. This position is integral to the efficient functioning of corporations, particularly in common law jurisdictions. The Company Secretary serves as a guardian of compliance, a facilitator of communication between the board of directors and other stakeholders, and a custodian of corporate records.
Chartered Secretaries New Zealand (CSNZ) is now known as Governance NZ Incorporated. It is the New Zealand division of the Institute of Chartered Secretaries and Administrators, now known as The Chartered Governance Institute (CGI). CGI is an international professional body with 44,000 members worldwide. It was founded in England in 1891, and granted its royal charter in 1902. The New Zealand Division of the institute was formed in 1937.
The Institute of Business Administration and Management (IBAM) was a collaboration between the Institute of Chartered Secretaries and Administrators (ICSA) and the Institute of Business Administration (IBA).
The Chartered Institute of Logistics and Transport in the UK is the membership organisation for United Kingdom professionals involved in the movement of goods and people, and their associated supply chains. It is a National Council of CILT International.
The Association of International Accountants (AIA) is a professional accountancy body. It was founded in the UK in 1928 and since that date has promoted the concept of ‘international accounting’ to create a global network of accountants in over 85 countries worldwide.
A chartered professional is a person who has gained a specific level of skill or competence in a particular field of work, which has been recognised by the award of a formal credential by a relevant professional organization. Chartered status is considered a mark of professional competency, and is awarded mainly by chartered professional bodies and learned societies. Common in Britain, it is also used in Ireland, the United States and the Commonwealth, and has been adopted by organizations around the world.
Chartered Secretaries or Hong Kong Institute of Chartered Secretaries (HKICS) (Chinese: 香港特許秘書公會) is an independent professional body dedicated to the promotion of its members’ role in the formulation and effective implementation of good governance policies in Hong Kong and throughout China as well as the development of the profession of Chartered Secretary. Through its association with the Institute of Chartered Secretaries and Administrators (ICSA), HKICS also acts as the China Division of the worldwide institute.
The Chartered Institute for Securities & Investment (NCIS) is a global professional body for those in the financial and investment profession. It offers a range of qualifications and resources for professional development, as well as setting standards of conduct and ethics for those in the industry.
Governance Institute of Australia, formerly Chartered Secretaries Australia, is an independent professional association for company secretaries, governance advisers and risk managers in Australia, committed to promoting sound practice in governance and risk management.
Kensington College of Business (KCB) is an independent higher education institution located in Oxford Circus, London.
The University of Professional Studies, Accra (UPSA) formerly known as the Institute of Professional Studies (IPS), is a public university in Ghana. The main campus is located in Accra. UPSA is the first university in Ghana to provide both academic and business professional education. The University of Professional Studies Act, 2012 (Act 850) changed the name of the Institute of Professional Studies to University of Professional Studies, Accra. UPSA is nationally and internationally accredited by the National Accreditation Board (Ghana) and the Accreditation Council for Business Schools and Programs (ACBSP), respectively.
Peninnah Tibagwa Kasule, is an Ugandan lawyer and corporate executive, who serves as the Company Secretary and Head of Legal & Board Affairs at Centenary Rural Development Bank. In that role, she is a member of the bank's senior management team.