Now more than ever the role of the board is fundamental, particularly in managing risk and strategy, including competition, efficiency, and long-term sustainability, says IFC’s Oliver Orton. IFC is building the capacity of Peruvian boards to have a better understanding of their role, and the diversity and challenge of corporate governance.

International trends and Ukrainian corporate governance practices were at the heart of the discussion of the participants at the IV International Corporate Secretaries Forum. The Forum stressed the importance of introducing the latest international corporate governance practices in Ukraine to increase the investment attractiveness of Ukrainian companies on the international market.

The article explains how development finance has been redefined since the establishment of the Sustainable Development Goals in 2015.

IFC and the Securities and Exchange Commission of Myanmar (SECM) signed a memorandum of understanding in March to strengthen corporate governance regulatory standards and practices in Myanmar. During his visit to Myanmar, IFC Vice President and Treasurer Jingdong Hua sat down with the Myanmar Times to discuss capital markets, the Asian financial crisis and a range financial of issues concerning international investors.

The move is aimed at helping attract more foreign investment. “A better regulated market will bolster investor confidence and help draw more investment to Myanmar as the country continues to open up,” IFC, and the Securities and Exchange Commission of Myanmar, said in a joint statement.

Evidence shows the benefits of good governance in family businesses across all sectors. It has therefore become a priority for the IFC-supported Myanmar Corporate Governance Initiative.