Invitation to Board Member Education, Autumn 2016

Invitation to Board Member Education, Autumn 2016

Baltic Institute of Corporate Governance (BICG) invites board and supervisory council members, shareholders and top executives to attend professional board member education program in autumn 2016.

Background of the Education

Topics of the education program are compiled based on the principles and recommendations on corporate governance by the International Finance Corporation of the World Bank Group (IFC) and Organization for Economic Co-operation and Development (OECD).

“BICG is proud to offer an education program, where well experienced Scandinavian and Baltic professionals share their insights into how good corporate governance can lead to better companies. The autumn program will be led by Swedish and Danish experts, who also have Baltic experience,” says Paulius Martinkus, President of the BICG.

Education is held in the English language, it consists of three sessions (two days each) and final examination.

Autumn dates:
• October 27th and 28th – first session in Vilnius;
• November 10th and 11th – second session in Tallinn;
• November 16th and 17th – third session in Riga.

Education helps shareholders to…

  • Monitor the company more effectively;
  • Ensure that it is run as efficiently as possible in the interests of shareholders;
  • Increase transparency of the company;
  • Boost access to capital and financial markets;
  • Elevate the confidence of potential partners;
  • Raise the value of the company;
  • Enhance and safeguard company reputation;
  • Develop the long-term prosperity of the company.

Education helps board and council members to…

  • Improve top level decision making processes;
  • Build up better control environments;
  • Develop better internal practices and compliance;
  • Reduce potential fraud and conflicts of interest;
  • Ensure higher level of protection for all investors;
  • Build effective, transparent and ethical business;
  • Improve relationships among the management, board, shareholders and stakeholders;
  • Contribute to the long-term, sustainable growth of the company;
  • Encourage effective succession planning for top and senior management;
  • Serve professionally on the boards in all three Baltic States and globally.

Education helps top management to…

  • Minimize losses, corruption, risks and mismanagement;
  • Obtain more favorable lending as a result of greater transparency and confidence;
  • Attract and cooperate with partners more beneficially;
  • Improve profitability;
  • Attract and retain key talents more easily;
  • Support brand formation and development;
  • Improve everyday interactions with shareholders, board and council;
  • Elevate company’s accountability and transparency to its shareholders and other stakeholders: employees, creditors, customers and the wider society;
  • Ensure continual achievement of shareholders’ goals.

To download the full introduction to the program, please follow the link below:

Introduction (EN)

For more information, please contact Rytis Ambrazevičius, President of the BICG, or Andris Grafs, BICG Country Manager in Latvia.

Rytis Ambrazevičius
President
Mob. +370 698 17011
E-mail rytis[at]bicg.eu

Andris Grafs
Country Manager Latvia
Mob. +371 297 84407
E-mail andris[at]bicg.eu

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