THE COUNCIL
The constitution states that “there shall be a governing body of the Institute, a Council charged with the administration and general management of the Institute.” The Council consists of a total of twenty-five individuals, comprising both fellow and associate members.

The Chairman of the Council is the President, who is supported by a Vice-President and two Deputy Vice-Presidents. Members nominated by the Institute are selected from the six geopolitical zones of Nigeria.

The President, the 1st Vice-President, and the 2nd Vice-President each serve a term of two years from the date of their appointment.

Additionally, there is an Honorary Treasurer, who is responsible for overseeing the Institute’s funds. All these officers are elected or appointed by the Council from among its members.

The duties of the Governing Council, as outlined in the constitution, are as follows:
i.To organize and provide programs for the training, development, upgrading, and certification of Chartered Economists;
ii. To conduct examinations in economics for registered students;
iii. To carry out research in conjunction with other bodies on any matter relevant to economic development in the country;
iv. To formulate policies and initiate programs at all levels of the professional examinations to improve by way of research, the quality and content of the economics profession in Nigeria.
v.To assess from time to time the training and admission programs offered by the Institution controlled by or associated with the institute, to ascertain the professional competence’ of those institutions;
vi. To offer such assistance, either alone or in cooperation with other educational bodies, as may be requested by the institutions or controlled by or associated with the institute.
vii .To foster and enhance international cooperation in the education of economists;
viii .To perform such other functions as are necessary or expedient for the full exchange of any of the functions of the Institute.

GOOD CORPORATE CONDUCT:
For a global institution like the ICE, which has significant expectations from our stakeholders and members, the way we manage our business is crucial. This is the foundation of good corporate conduct. We believe that our institution should uphold high standards of behaviour and integrity. It is essential to demonstrate what a socially responsible institution should be and to promote high standards of corporate social responsibility within professional organizations. We must ensure that our perspectives, along with those of our stakeholders, are considered in the development and implementation of government policies that impact us. Our stance is that professional institutions should have a voice in shaping government policies that affect them.

We believe that our business and activities should be conducted with the highest ethical standards, good corporate governance, and full compliance with the law. It is our responsibility to ensure that our employees, members, students, and stakeholders uphold these high standards of conduct in their duties.

The Institute of Chartered Economists of Nigeria intends to:
i.Set the tone and culture for our Institution to uphold the standards of a good corporate citizen,
ii. Ensure that actions of the ICEN, employees, and members are lawful and in accordance with these standards,
iii. Assist our employees, members, and students to make appropriate judgments and decisions in the course of their work.