The IoD was established with a clear mandate to be the leading force in promoting and advancing good corporate governance within the Kingdom of Lesotho.
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- Lesotho
- info[at]iodlesotho.org.ls
- +266 2232 3646
- Monday to Friday: 8am to 4:30pm
- Mothamo House, 2nd Floor, Room E, Cathedral Area
- Phone +266 2232 3646
About us
About
IoD Lesotho
The Institute of Directors of Lesotho (IoD Lesotho) was established with a clear mandate to be the leading force in promoting and advancing good corporate governance within the Kingdom of Lesotho. Since its inception, the IoD Lesotho has remained committed to the following key objectives:
Strengthening
Corporate Governance
We assist corporate entities in Lesotho by embedding the principles of good corporate governance into their policies, compliance plans, service protocols, and standard operating procedures.
Championing
Good Governance
Our mission is to advocate for and advance good corporate governance across all economic sectors within the borders of Lesotho, with the ultimate goal of fostering a sustainable fiscal and economic environment.
Leading
Advocacy
As a prominent non-governmental body, we are dedicated to promoting good governance practices in both the public and private sectors, ensuring that ethical leadership prevails.
Developing
Ethical Leadership
We work tirelessly to influence, promote, and develop ethical and effective leadership throughout all sectors of the economy. Our goal is to create a stable, sound, and ethical economic environment in Lesotho.
Accrediting
and Developing Directors
The IoD Lesotho oversees the designation, accreditation, membership, and continuous professional development of directors and aspiring professional directors across Lesotho’s corporate sector. This includes the conceptual development of the Mohlomi Corporate Governance Code and the General Code of Conduct for Directors.
Supporting
the Mohlomi Committee
We serve as the pivot, convenor, and secretariat to the Mohlomi Committee on Corporate Governance, ensuring that best practices are consistently applied throughout the nation.
Leadership and Governance Structure
The IoD Lesotho is managed by an Executive Committee, chaired by the Chief Executive Officer (CEO), who reports to the Board of Directors. Various Board Committees are in place to provide oversight and guidance, including:
Commitment to Economic Growth
Good corporate governance is crucial for creating a stable financial environment conducive to public and private sector investment. Our strategic partners, including state-owned entities and companies in key sectors like mining, construction, and financial services, stand to benefit from our governance initiatives. The IoD Lesotho aims to combat governance decay, reduce corruption, and equip corporate leaders with the skills necessary for effective risk management and business continuity.