Dublin, 26 February 2016 – Dubliners Ruth and Rebecca Keating took first and second prize respectively in a brand new competition designed to encourage fresh approaches to governance.
The Tom Morrison Essay Prize is the brainchild of ShareGift, a unique charity which specialises in accepting donations of shares to generate funds for charities, and ICSA: The Governance Institute, the professional body for governance. Essays demonstrating an original perspective were sought on the topic ‘Does good governance require a fresh approach?’
“We launched the prize in memory of ICSA Fellow Tom Morrison, a highly regarded and influential member of the share registration industry and an early supporter of ShareGift’s work. Tom was renowned for challenging received wisdom and we wanted a prize that encourages new thinking and recognises original approaches to governance,” says Simon Osborne, ICSA Chief Executive.
“Governance professionals are increasingly called upon to help organisations perform optimally and to achieve sustainability, and encouraging the next generation of governance professionals is a vital part of ICSA’s work,” adds Conor Ryan, President of ICSA in the Irish region. “Ruth wrote a fantastic essay about corporate governance needing to do better with significant investment, capital and jobs on the line, and I couldn’t agree more. Ruth’s twin sister Rebecca was a worthy runner up with an essay looking at security concerns for good governance in the cyber age. Ruth and Rebecca clearly have creativity in their veins with Clonmel-born artist John Keating as their father.”
“I am over the moon to have won the inaugural Tom Morrison Essay Prize,” says Ruth. “Governance has become a formality to be satisfied rather than something which can be hugely valuable and I truly believe that the approach that I propose is not so much a new one as much as governance as it should be. It was lovely to have my trophy presented to me at last night’s prize-giving ceremony in London by Tom’s widow Lindsay. I am very grateful to ShareGift for their generous donation to The Chartered Secretaries’ Charitable Trust in order to establish this prize.”
“I consider that a 21st century approach to good governance will not be achieved by a handful of key stakeholders,” says Rebecca. “Every player in a company needs to feel that they are custodians and there needs to be a more inclusive approach in seeking a collective plan of response. All end users need to feel empowered and educated in how best to protect their business.”
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