CFAO advocates compliance culture, alignment to global systems
By Rukayat Moisemhe
CFAO Nigeria, key player in fields of mobility and healthcare, has urged organisations to create a compliance culture and strengthen their alignments to global compliance systems.
The company gave the charge on Wednesday in Lagos at the CFAO Nigeria 2025 Compliance Week.
Board Chairman, CFAO, Gbenga Oyebode, said that compliance was not just a legal mandate; but the basis on which the company create a strong, ethical, and environmentally friendly business.
Oyebode stated that companies not meeting compliance standards risked damage to their reputation, financial losses, and legal problems that could put their very existence in danger.
He said that alignment to compliance systems led to reinforced investor’s trust, improved business resiliency and business reliability to customers, authorities, and society.
He added that the company’s board was dedicated to establishing the appropriate tone at the top to assure that integrity, openness, and responsibility govern all elements of operation.
“By means of the PACI Rules and our Global Code of Conduct & Ethics (COCE), we set clear expectations that match local regulatory demands as well as worldwide top standards.
“These cover adherence with global anti bribery and corruption legislations in Nigeria, Europe and globally.
“I urge you all to see compliance as an enabler of corporate success, not a handicap, and not only throughout this compliance week but as a consistent practice that is at the core of our corporate culture,” he said.
Chief Executive Officer (CEO), CFAO, Denis Martin, said compliance, which was not just about following rules but about building a culture of integrity, trust, and accountability, was of long term advantage to businesses.
He said the company as an industry continued to demonstrate firm commitment to compliance, transparency, and fairness.
“We must all take responsibility for upholding these values, as any compromise could have far-reaching consequences for our people, stakeholders, and the communities we serve.
“As we observe compliance week, I urge you all to renew your commitment to ethical excellence.
“By working together and holding ourselves to the highest standards, we will continue to build a company that is not only successful but also respected and trusted globally,” he said.
Chief Compliance Officer, Ayokunle Ayoko, said at CFAO Group, compliance was not just a box-ticking exercise, but a fundamental pillar of its business, ensuring long-term sustainability and success.
He added that compliance is beyond just adhering to regulations to fostering a culture of integrity, accountability, and responsible business conduct.
Ayoko said that it protects businesses from risks, enhances trust with customers and partners, and positions companies for sustainable growth in a competitive and ever-evolving marketplace.
“Whether it is ensuring workplace safety, preventing financial misreporting, combating corruption, or respecting human rights, every one of us plays a critical role in upholding these principles.
“When we integrate compliance into our daily work, we do not just protect the company; we strengthen it.
“Let us continue to hold ourselves to the highest standards, foster a culture of ethical excellence, and work together to build a resilient and responsible organisation that thrives for generations to come,” he said.(NAN)(www.nannews.ng)
Edited by Olawunmi Ashafa
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