Institute of Corporate Governance Zimbabwe

Code of Ethics

Approved by the CGIUKI Board of the Institute on 5 February 2018 and endorsed by the Council of the Institute on 22 March 2018.

The CGIUKI Code of Professional Ethics and Conduct comprises four core principles to which all Fellows, Associates, graduates, students and affiliated members registered with the CGIUKI Division of the Institute must adhere.

For the purposes of this code:

  • “client” includes a member’s employer;
  • “CPD” means continuing professional development or continuing competence review;
  • “member” means a Fellow, Associate, graduate, student or affiliated member who is registered with the CGIUKI Division of the Institute, save where the context otherwise requires; and “members” shall be construed accordingly; and

expressions not otherwise defined in this code shall have the meaning assigned to them in the byelaws made under the Royal Charter.

CGIUKI Code of Professional Ethics and Conduct

Integrity

High standard of service/professional competence

Transparency

Professional behaviour

Professional behaviour requires that members act in a way which conforms to the relevant laws of the jurisdiction in which they are residing and/or undertaking business transactions. It requires them also to pay regard to all regulations which may have a bearing on their actions and to adhere to the byelaws, specifically byelaw 23.8 which states that the following actions or inactions may result in disciplinary proceedings:

  • becoming bankrupt or insolvent;
  • being convicted of an offence which might bring discredit on the Institute or the profession;
  • failing to uphold the code of professional conduct and ethics;
  • behaving, by doing something or not doing something, in a way considered by the Disciplinary Tribunal to bring the Institute or the profession into disrepute;
  • disobeying any decisions of the Council or of one of its Divisional Committees;
  • breaking any of the Institute’s byelaws or Charter or Regulations;
  • failing to comply or co-operate with a disciplinary investigation; or

failing to comply with a decision or any conditions made by a Disciplinary or Appeal Tribunal.