The Unspoken Crisis: MIIF chair urges immediate overhaul of boardroom compensation
At the recent Boardroom Summit, where over 1000 of the nation’s top CEOs, policymakers, and executives gathered, Professor Douglas Boateng, Chair of the Minerals Income Investment Fund (MIIF), delivered a powerful message: the current state of board compensation in state-owned enterprises (SOEs) is unsustainable, and immediate reform is critical. Speaking on the sidelines of the summit, Professor Boateng highlighted the dangers of inadequate boardroom compensation, warning that it threatens the future of these vital institutions. “We can no longer pretend everything is fine,” he stated. “How can we expect board members, overseeing organizations with assets exceeding $400 million, to fully...