Graeme Samuel AC ‘provokes’ at the IELP Alumni Dinner
On Thursday 11 July 2019, IPAA Victoria held the second Integrity and Ethical Leadership Program (IELP) Alumni Dinner. Professor Graeme Samuel AC was the guest ‘provocateur’ for the evening drawing on his experience as — among other roles — a regulator and member of the review committees of the Commonwealth Bank of Australia (CBA) and the Australian Prudential Regulation Authority (APRA).
The IELP Alumni comprises senior, experienced public purpose leaders who have completed IPAA Victoria’s flagship IELP, the Senior Executive IELP. They are drawn from Victoria’s diverse public purpose sector, across local, Commonwealth and state government.
Professor Samuel spoke about governance, accountability and culture as foundations for strong corporate governance integrity, irrespective of sector. He said that the Hayne Royal Commission, the APRA review of the CBA and the capability review of APRA are essential reading for all boards and senior executives. He contended that the challenge is not to become complacent and that leaders need a continued focus and vigilance on integrity.
Guests considered several questions in a plenary discussion facilitated by EY associate partner, Michael Rafferty, including:
What lessons can be learned from the recent history of ethical failures in the Australian financial industry?
How do we, as public purpose leaders, guard against ethical complacency?
What do you believe the role of the regulator should be in supporting and facilitating public purpose integrity and ethics?
How can we cultivate and sustain a public purpose culture of integrity and ethics?
What is the relationship between ethical practice and power?
How do you as public purpose leaders plan to broaden and strengthen the conversation around ethics?
Professor Samuel challenged guests to ask themselves and others, “Not can I or we do this, but should we do this?”
Photos of the evening can be found below. The APRA Capability Review (June 2019) can be found here.
IELP Alumni events are designed to simulate and build on the Senior Executive IELP’s commitment to ethical leadership and creating positive public purpose integrity cultures. The Senior Executive IELP — our flagship program for senior, experienced public purpose leaders — will be delivered twice in 2020. To find out more about the IELP, click here, and the Senior Executive IELP and expressions of interest, click here.