With effect from 20 July 2021, the Institute has adopted the name ‘The Hong Kong Chartered Governance Institute 香港公司治理公會’ (HKCGI). The new identity of HKCGI was really a question of putting an official seal on a transition already largely complete. Our Chartered Governance Qualifying Programme (CGQP) was launched in January 2020, and our dual Chartered Secretary and Chartered Governance Professional (CS/CGP) designation already extend to all members of our Institute. Nevertheless, the change of name will have no small significance for members of our Institute and profession.
Firstly, externally, there will be a clearer message for stakeholders about what we do and the values we stand for. In this regard, there is still work to do. We have embarked on a rebranding exercise and website revamp to take advantage of this opportunity to ensure that our communications going forward are aligned with the higher purpose of our Institute and profession. Secondly, internally, we are now fully aligned with our international body and its other divisions worldwide, most of which have already become governance institutes. Even more importantly, the mindset of our membership has already embraced our evolution into the wider realm of governance.
We should bear in mind, of course, that 11% of members who participated at our general meeting last month and voted against the name change. For any members nervous about our profession turning away from our 130-year heritage, I would emphasise that the name change does nothing to diminish that heritage, rather it builds on it. The regulatory duties and day-to-day responsibilities of company secretaries are written into Hong Kong’s regulatory and legislative regimes. That will remain unchanged. What will change going forward is the recognition of the significance of those duties and how they are complementary to the work of other governance professionals.
I would like to express my heartfelt gratitude to all members who participated and voted at our general meeting last month. These efforts will bring HKCGI closer to its goal of promoting the greater governance roles and responsibilities performed by our members, as well as the global convergence towards the importance of corporate governance.
Gillian Meller FCG FCS(PE)