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The Ghana Institute of Procurement and Supply calls for Ethical Leadership in Procurement Procedures

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The Ghana Institute of Procurement and Supply (GIPS) has reiterated the need for qualified and ethical professionals to lead procurement procedures in both public and private organizations. GIPS is championing-value driven and ethical procurement and supply in Ghana.

The President of GIPS, Simon Annan, highlighted the importance of prudent procurement in job creation and economic growth at the induction of new members. However, he pointed out that none of the government entities has procurement professionals on their audit committees. This is concerning as procurement infractions constitute about 70 percent of audit findings. He recommended that procurement professionals be included on the various audit committees to help reduce such infractions.

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To achieve its goal of creating a vibrant procurement chain that champions ethical procurement, GIPS has embarked on several activities since assuming office in 2020. The institute is currently working to pass the procurement practising bill, and has received technical support from institutions such as KPMG and GIMPA.

The induction of new members saw 127 people being welcomed into GIPS, including student members, Associate members, fellow members, and honorary members. Among them was Prof. Douglas Boateng, a seasoned industrialist, international chartered director, and engineer, who was inducted as a distinguished fellow of the Institution.

Director General of the Internal Audit Agency, Dr. Eric Oduro Osae, emphasized the importance of procurement in implementing programs and projects for the country’s development. He urged the government to regulate procurement practice and supply chain management to enable it to get value for money in its spending. He also called for the speedy passage of the Ghana Chartered Institute of Procurement and Supply Bill to regulate procurement professionals locally and provide statutory authority for the operation of GCIPS.

For the most part, GIPS is advocating for the inclusion of procurement professionals on government audit committees and promoting ethical procurement practices in the country. The institute’s efforts to pass the procurement practising bill and induct new members highlight its commitment to achieving sound procurement practices.

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