Today, MIoD conducted a very well-attended webinar: 𝐖𝐡𝐚𝐭 𝐈𝐭 𝐑𝐞𝐚𝐥𝐥𝐲 𝐌𝐞𝐚𝐧𝐬 𝐓𝐨 𝐁𝐞 𝐀 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫 (21st April 2022) in cooperation with the Singapore Institute of Directors (SID).
A huge thanks to our speaker, 𝗠𝗿. Philip Forrest, 𝗚𝗼𝘃𝗲𝗿𝗻𝗶𝗻𝗴 𝗖𝗼𝘂𝗻𝗰𝗶𝗹, 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗲 𝗼𝗳 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿𝘀 (𝗦𝗜𝗗) for presenting an insightful and engaging session covering;
🔸 What Does The Board Do?
🔸 How Are Directors Different From Management?
🔸 What Are The Risks?
🔸 How Careful Should I Be?
🔸 What’s In It For Me?
🔸 How Should I Plan For My Directing Career?
We also thank all the attendees who joined today’s session, especially for contributing many thoughtful questions.
Note: This webinar has been completed and if you would like to know more details CLICK HERE.
CGM is delighted to announce the launch of the ASEAN Network for Climate Governance. Climate Governance Initiative is a project in collaboration with the World Economic Forum with the aim of promoting the Principles for Effective Climate Governance.
After months of dialogue and consultation with directors and institutes of directors in ASEAN, we have resolved to launch this network to raise awareness of climate risks which will disproportionately affect this region. As responsible long-term stewards of the organization, this network is intended to mobilize boards and directors to focus on the climate crisis and climate transition priorities.
Business are responsible for most of the emissions around the world and when considering the decarbonisation which the world has committed to [via the Paris Agreement], directors, as long-term stewards need to be mindful of their responsibilities in curbing these emissions; identifying financial risks arising from climate risks; managing a smooth transition to a decarbonised economy which governments, regulators, allocators of capital (such as investors and banks), employees and consumers are expecting of the board; ensuring climate literacy and awareness is acculturated throughout the organisation, to increase the resilience of the business; and recognizing opportunities which might arise as a result of this transition, which could create value for the business.
This means the board of directors need to be sufficiently climate literate and implement climate governance principles to help them manage this process.
Join us for this launch as we kick off this important conversation!
The MIoD 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫’𝐬 𝐂𝐞𝐫𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐏𝐫𝐨𝐠𝐫𝐚𝐦 (𝐃𝐂𝐏) resumed on 8𝑡ℎ 𝐽𝑎𝑛𝑢𝑎𝑟𝑦 2022 after a two-year pause. We would like to express its gratitude to all participants who attended the 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫’𝐬 𝐂𝐞𝐫𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐏𝐫𝐨𝐠𝐫𝐚𝐦 (𝐃𝐂𝐏). The DCP 6th batch ran as a hybrid training course over the three weekends with online and face-to-face training.
Around 40 participants, mostly directors and senior managers of Myanmar companies attended the first face-to-face session at Lotte Hotel. MIoD Chair 𝗗𝗮𝘄 𝗪𝗶𝗻 𝗪𝗶𝗻 𝗧𝗶𝗻𝘁 and Board member 𝗨 𝗧𝘂𝗻 𝗧𝗵𝘂𝗿𝗮 𝗧𝗵𝗲𝘁 gave the opening address. Board member 𝗨 𝗠𝗶𝗸𝗲 𝗣𝗵𝗼𝗻𝗲 𝗠𝘆𝗶𝗻𝘁 and MIoD trainer 𝗗𝗮𝘄 𝗧𝗵𝘂𝘇𝗮𝗿 𝗪𝗶𝗻 then facilitated the first interactive sessions on corporate governance, and the business case, and the roles and responsibilities of effective boards.
In the online weekend sessions, 𝐃𝐚𝐲 𝟐 covered Board Composition and Structure, Myanmar’s Legal Environment for Directors, the Myanmar Companies Law and MyCo, and Listing Rules. 𝐃𝐚𝐲 𝟑 addressed Board Dynamics, Family Business and Succession Planning and Disclosure.
𝐃𝐚𝐲 𝟒 was all about the finance basics that Directors need to understand: an Overview of Corporate Finance, and what Financial Statements do and don’t tell you. This was followed by Financial Statement Analysis including ratios, and a discussion of Accounting fraud and internal controls on 𝐃𝐚𝐲 𝟓. Willis Towers Watson also gave an overview of insurance issues that Directors in Myanmar needs to be aware of.
𝐃𝐚𝐲 𝟔 was the face-to-face session at Lotte Hotel where MIoD Board members 𝐌𝐫. 𝐌𝐢𝐤𝐞 𝐏𝐡𝐨𝐧𝐞 𝐌𝐲𝐢𝐧𝐭 and 𝐌𝐬. 𝐕𝐢𝐜𝐤𝐲 𝐁𝐨𝐰𝐦𝐚𝐧 facilitated the interactive sessions on Enterprise Risk Management and Responsible and Responsive leadership. After taking a short test of the corporate governance knowledge which had been covered in the six sessions, the certified directors were then awarded their certificates by MIoD Chair 𝗗𝗮𝘄 𝗪𝗶𝗻 𝗪𝗶𝗻 𝗧𝗶𝗻𝘁 and Chair of the Learning Committee 𝐌𝐬. 𝐕𝐢𝐜𝐤𝐲 𝐁𝐨𝐰𝐦𝐚𝐧. The 6th DCP batch were honoured to have MIOD patron, 𝐒𝐚𝐲𝐚𝐫 𝐆𝐲𝐢 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐨𝐫 𝐃𝐫. 𝐀𝐮𝐧𝐠 𝐓𝐮𝐧 𝐓𝐡𝐞𝐭 gave the graduation address.
A huge thank you to all our incredible trainers, invited speakers, and our attentive audience. Congratulations to all directors who have received their certificates in recognition of the contributions made in the Director Certification Program.
If you are interested in attending future DCP training sessions, please contact the Myanmar Institute of Directors (MIoD) at +95 9 400 151 412, +95 9 400 151 419, or info@myanmariod.com.
The MIoD’s second Annual General Meeting 2021 was held on 23rd September 2021. Given the COVID-19 guidelines this years’ AGM was held electronically by live-stream on Zoom in the interests of safety for our fellow members.
The meeting was led by U Thura Ko Ko, who was appointed as the AGM Chair, followed by Daw Thiri Thant Mon, CEO of MIoD, who presented the CEO’s Annual Report, and the Auditors reviewed the Audit Statement. There were 6 resolutions voted by the member at the AGM and by proxy forms, which appointed new directors, re-appointed the current auditors of the MIoD until the next AGM and updated the Constitution to introduce new term limits for board members and form a new Advisory Council. All resolutions were passed.
We would like to congratulate the re-elected board members U Aung Zaw Naing, U Thura Ko Ko, Mr. Melvyn Pun, Ms. Victoria Bowman and Daw Win Win Tint. For the five vacant seats, seven members put themselves forward for election and 81 members participated in the voting process.
The Board and the management of MIoD sincerely thank all of our past and present supporters, funders, trainers who have been crucial to enable the activities of MIoD. Your continued presence and contribution to the MIoD is highly valued by our Board and fellow members. We are looking forward to helping you and your company with your corporate governance and directorship journey and working together to further the cause of good governance and building professional boards in Myanmar.
Please find relevant documents here:
It is well-recognized globally, and in Asia, that engaged employees drive business results. So much so that there is agreement among top executives and consultants alike that measuring employee engagement is a must-do in the best of times. We will explore how listening to your employees can benefit companies, management, and employees, especially when the going gets tough. And we ask ourselves: What role should independent directors play?
Ferdinand de Bakker, a council member at the Singapore Institute of Directors and an adjunct lecturer at Nanyang Technological University Singapore, and Marieke van Raaij, Regional Employee Engagement Solutions Leader Asia, Pacific, IMETA, LATAM at the HR consulting firm Mercer, will share the results of a global qualitative study as well as local research studies, and their conclusions and recommendations.
Participants may wish to read ahead the report written by Mr. de Bakker titled “Recharging Employee Engagement: Management and communication synergy” which can be found on the link https://bit.ly/3vWIn7c
Who Should Attend
Board and senior management level members of the MIoD and the extended community.
*Please register by 2nd July 2021 (12:00 pm).
SPEAKERS
Please join to learn more about the Metis Resilience concept, which combines insights from research by Metis Services’ partner psychologist Niclas Wisén’s PhD research on managing stress in extreme situations with the tactical tools for leading and performing under pressure developed by Metis Services.
The concept is battle-proven, tried and tested at healthcare intensive care units (ICUs) in Sweden during the Covid-19 pandemic. It’s been featured in both daily and periodical press. Metis Services has delivered bespoke solutions and pre-deployment training concepts since 2016.
Who Should Attend
Board and senior management level members of the MIoD and the extended community.
*Please register by 9th June 2021 (12:00 pm).
SPEAKER
