This virtual event proposes to bring together Myanmar policy-makers, international experts, the private sector and civil society to share perspectives and discuss policy options to attract responsible investment that can help foster a sustainable recovery and contribute towards improving the lives of Myanmar people and meeting the Sustainable Development Goals (SDGs).
The opening session of the High-Level Event will benefit from remarks from the Union Minister for Investment and Foreign Economic Relations, the Minister, Deputy Head of Mission and Head of Co-operation of the Government of Switzerland in Myanmar, the Minister Counsellor, Deputy Head of Mission of the Government of Norway in Myanmar and the European Union Ambassador to Myanmar.
The first panel session will mark the launch of the 2nd Investment Policy Review (IPR) of Myanmar. Building on the findings and recommendations from the IPR, panellists will discuss key developments and challenges for Myanmar to enhance its capacity to attract responsible investments that can truly contribute towards meeting the SDGs and improving the lives of Myanmar people. The review benefited from the support of the Governments of Norway and Switzerland. (MIoD patron Permanent Secretary of MiFER U Aung Naing Oo and MIoD CEO Thiri Thant Mon will be contributing as a panellists in this session.)
The second panel session will address the topic “Attracting quality investment and building resilience through RBC and international labour standards”, to discuss how RBC standards and instruments can help build sustainable and resilient global value chains and contribute to economic, environmental and social progress in Myanmar, particularly in the context of economic and social recovery following the COVID-19 crisis. This session is part of the European Union-funded Responsible Supply Chains in Asia programme (RSCA), a partnership between the EU, the ILO, and the OECD.
For Promoting Responsible Investment in Myanmar Registration, Click Here
The second Virtual Training Program “Corporate Governance Action Planning Workshop” was successfully completed on 18th and 20th November 2020. 14 board directors, senior executives, and corporate governance practitioners from 10 companies and government agencies attended MIoD’s 2-Day Online Course. The workshop is part of MIoD Learning Series and it provides a deep dive into the fundamentals of the corporate governance framework and helps directors and executives develop a plan for implementing effective governance practices in their companies. An expert team from MIoD, IFC, Dentons Myanmar Limited and World Bank delivered the workshop with both local and foreign expert facilitators.
MIoD conducted first Virtual Training Program “Corporate Governance Action Planning Workshop” on 21st and 23rd October 2020. 32 board directors, senior executives, and corporate governance practitioners from 23 companies and government agencies attended MIoD’s 2-Day Online Course. The workshop is part of MIoD Learning Series and it provides a deep dive into the fundamentals of the corporate governance framework and helps directors and executives develop a plan for implementing effective governance practices in their companies. An expert team from MIoD, IFC, Livingstons Legal and World Bank delivered the workshop with both local and foreign expert facilitators.
Note: This webinar has been completed and if you would like to watch recording CLICK HERE.
မြန်မာကုမ္ပဏီဒါရိုက်တာများသည် အကျိုးအမြတ်ရရှိပိုင်ဆိုင်မှု (Beneficial Ownership) အကြောင်းနှင့် ပတ်သက်၍ မည်သည့်အရာများကိုသိသင့်ရန်လိုအပ်ပါသနည်း။
အကျိုးအမြတ်ရရှိပိုင်ဆိုင်မှု (Beneficial Ownership) နှင့် ၎င်းနှင့်ဆက်စပ်သာ နိုင်ငံရေးအရ ဩဇာတိက္ကမ ရှိသူများ (Politically Exposed Persons) ဆိုသောသဘောတရားများသည် မြန်မာနိုင်ငံတွင် အရင်းတနှီး မရှိသေးပါ။ မကြာသေးမီက ထိုဝေါဟာရများကို စည်းမျဉ်းစည်းကမ်းအနေဖြင့် မြန်မာနိုင်ငံတွင် စတင်မိတ်ဆက်ခဲ့သည်။ တစ်ချက်မှာ မြန်မာနိုင်ငံ သဘာ၀သယံဇာတအရင်းအမြစ်များ ဖော်ထုတ်လုပ်ရေးဆိုင်ရာ ပွင့်လင်းမြင်သာမှုဖော်ဆောင်ရေးအဖွဲ့ (MEITI) ၏ ထုတ်ပြန်ချက်များ ဖြစ်သည်။ ထို့အပြင် OECD ဘဏ္ဍာ ရေးလှုပ်ရှားမှုအဖွဲ့ (Financial Action Task Force) ၏ အကဲဖြတ်မှုအပေါ် မြန်မာနိုင်ငံ၏ တုန့်ပြန်မှုအနေဖြင့် ငွေကြေးခဝါချခြင်းအားတိုက်ဖျက်ချေမှုန်းခြင်း (Anti-money laundering) ၏ လိုအပ်ချက်များတွင်လည်း ထိုဝေါဟာရများပါဝင်သည်။ ၂၀၁၉ ခုနှစ်၊ နို၀င်ဘာလတွင် DICA သည် အကျိုးအမြတ်ရရှိပိုင်ဆိုင်မှုသတင်းအချက်အလက်များကိုထုတ်ဖော်ရန်ညွှန်ကြားချက်၁၇/၂၀၁၉ အား ထုတ်ပြန်ခဲ့သည်။
ဤ MIoD Webinar (မြန်မာဘာသာဖြင့်) တွင် Beneficial Ownership ဆိုသည်မှာ အဘယ်နည်းနှင့် မြန်မာနိုင်ငံတွင် မည်သည့် ပုဂ္ဂိုလ်များသည် Politically Exposed Persons ဖြစ်သည်ကို ဆန်းစစ်လိမ့်မည်။ ထုတ်ဖော်ကြေငြာခြင်း လိုအပ်ချက်များနှင့် လိုက်လျောညီထွေဖြစ်ရန် ကုမ္ပဏီများအနေဖြင့် မည်သည့် အရာများလုပ်ဆောင်ရန် လိုအပ်သည်ကို DICA မှ နောက်ဆုံး သတင်းများပေးလိမ့်မည်။ ထို့အပြင် မြန်မာနိုင်ငံအတွင်းနှင့် နိုင်ငံတကာတို့တွင် ဆက်လက် ဆွေးနွေးနေကြသော ကုမ္ပဏီပိုင်ဆိုင်မှု၏ ပွင့်လင်း မြင်သာမှု ကိစ္စရပ်များကိုလည်း ဖော်ပြလိမ့်မည်။ ထို့အပြင် မြန်မာနိုင်ငံ နှင့် နိုင်ငံတကာတို့တွင် ဤကဏ္ဍ အကြောင်း ဆက်လက်ဆောင်ရွက်မှုများကို ဆွေးနွေးလိမ့်မည်။
Beneficial ownership (BO), and the related concept of politically exposed persons (PEPs) are relatively new to Myanmar. They have recently been introduced into regulation through both the Myanmar Extractives Industries Transparency Initiative (MEITI) and the introduction of requirements to combat money-laundering as part of Myanmar’s response to the assessment by the OECD’s Financial Action Task Force. In November 2019, DICA issued a Directive 17/2019 on disclosure of beneficial ownership information.
This MIOD webinar (in Myanmar language) will examine what BO is and who in Myanmar is a ‘PEP’. It will offer an update from DICA on what companies need to do to comply with disclosure requirements. It will also cover wider developments in transparency of company ownership at Myanmar and international level.
Date & Time |
: 10:00 am – 11:30 am, 29th September 2020 |
Registration |
: [Click here] |
Details agenda |
: [Click here] |
Language |
: Myanmar |
*Please register by 27th September 2020
SPEAKERS
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Myo Min is a Director at the Directorate of Investment and Company Administration (DICA), in Myanmar’s Ministry of Investment and Foreign Economic Relations (MIFER). He served in the military as an engineer from 1994 to 2006, before being appointed to be Assistant Director in the Office of the Minister of National Planning and Economic Development. He was promoted to Deputy Director in 2009, and in 2011 to Deputy Head of Office in MNPED (now MOPFI).
Myo Min transferred to DICA as a Director in November 2012 where he was responsible for the Company Affairs Division and played a leading role in the implementation of a new only company registry system (MyCo) following the adoption of the 2017 Myanmar Companies Law. He now represents the regulator in investment related matters in support of the Myanmar Investment Commission (MIC). |
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Tun focuses on mergers and acquisitions and joint ventures in a range of industry sectors including insurance, financial services, telecommunications, technology, hospitality and real estate. Tun is currently based in Singapore and regularly advises multinational companies on all corporate aspects of their investments and business operations in emerging jurisdictions in Asia (including structuring, investment commission approvals and corporate governance matters). Tun started his legal career in London with a large international law firm and also spent two years at BCLP’s London office. Tun is originally from Yangon and he is one of the few international corporate lawyers with Myanmar language skills. |
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Aye Kyithar Swe is the Interim Country Manager of the Natural Resource Governance Institute (NRGI) in Myanmar. In this role, she has worked on beneficial ownership, extractive data use, and technical assistance to the Myanmar government on these issues in addition to advancing NRGI’s country strategy and overseeing all program implementation. She has previously worked on political and economic research, business intelligence and investigative due diligence, and corporate social responsibility with a social enterprise in Myanmar and multinational companies in Singapore and India. |
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Vicky has been a member of the Board of MIOD since March 2018 and is Chair of the Learning Committee. Vicky Bowman has been the Director of Myanmar Centre for Responsible Business (MCRB) since July 2013. Prior to that, she led global mining company Rio Tinto’s policy approach to transparency, human rights and resource nationalism/resource curse issues from 2011. She was Director of Global & Economic Issues and G8 sous-Sherpa for the United Kingdom from 2008-2011 and Head of the Southern Africa Department in the Foreign and Commonwealth Office of the UK Government from 2006-2007. Vicky served as ambassador of the UK to Myanmar from 2002-2006 and as second secretary in the Embassy from 1990-1993. She has also worked in Brussels as Member of Cabinet of European Commissioner Chris Patten (1999-2002) and as press spokeswoman for the UK representation to the EU (1996-1999). Vicky has an MA in Natural Sciences (Pathology) from University of Cambridge, is an Honorary Fellow of Pembroke College and was awarded an Honorary Doctorate of University of Bradford (Division of Peace Studies and International Development). She speaks Burmese and is married to Myanmar artist Htein Lin. |
Note: This webinar has been completed and if you would like to watch recording CLICK HERE.
Cybersecurity Risks in Asia:
- Hackers are 80% more likely to attack organizations in Asia
- $81 billion in business revenues lost to cyberattacks
- Asian organizations take 1.7 times longer than the global median to discover a breach
- Asian firms spent 47% less on information security than North American firms
- 78% of Internet users in Asia have not received any education on cybersecurity
- 70% of firms do not have a strong understanding of their cyber posture
- 74% of organizations found it “difficult or extremely difficult” to recruit cyber talent
- Primary insurers are reluctant to provide single coverage above $100 million
Source: Marsh & McLennan Companies, 2017 |
ABOUT THE WEBINAR
Due to high digital connectivity, low cybersecurity awareness, growing cross-border data transfers, and weak regulations, Asia is a prime target for cyber criminals. The mass migration to work from home in response to the pandemic has further intensified the threat of severe security breaches. Instinctively, boards might understand the potential damage a breach can do, but there is often a knowledge deficit that hampers boards’ capacity to stay on top of this complex and dynamic risk. Most boards simply do not pay much attention to cyber security.
Cyber risk management is a critical element for every business (regardless of its size or sector) to thrive in a digitally connected world. Boards have a key role to play in ensuring an effective strategy is in place. This webinar will help participants to:
- Better understand the board and senior management’s roles and responsibilities related to cybersecurity for good risk management
- Manage risks and challenges by utilizing appropriate cybersecurity strategies and crisis response practices
- Understand the current cybersecurity landscape in Myanmar at public, private and individual levels
Date & Time |
: 3:00 pm – 5:00 pm, 27th August 2020 |
Registration |
: [Click here] |
Details agenda |
: [Click here] |
Language |
: English |
*Please register by 25th August 2020
SPEAKERS
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Pierre Noel is Managing Director EMEA at ISTARI. He has over 30 years of international experience in information security and enterprise risk management including 25 years in Asia where he built and managed two international organizations. Pierre has designed, built, and operated complete security and enterprise risk management environments for governments, finance, transport, and large conglomerate industries around the world.
Previously, Pierre was:
- Worldwide Chief Security and Privacy officer for Huawei
- Chief Security Officer for Microsoft in Asia
- Chief Security and Privacy Officer for Grab Taxi
Pierre is board director and board advisor for several companies around the World, such as Airbus. |
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Dr. Tun Thura Thet is a member of Digital Economy Development Committee (DEDC), SME Development Working Committee, Research and Development e-Government Subcommittee of the Republic of the Union of Myanmar, vice president of Myanmar Computer Federation (MCF), the federation of computer Industry, Professionals and Enthusiasts associations.
He is a visiting lecturer at Master of Business Administration (MBA, EMBA) programme and Master of Banking and Finance (MBF, EMBF) programme at the Yangon University of Economics (YUEco), Master of Computer Science (MCSc) programme at the University of Computer Studies, Yangon (UCSY). He is also the 2015 Convocation Speaker of Wee Kim Wee School of Information and Communications, the Nanyang Technology University, Singapore.
He is also the founder and CEO of Myanmar Information Technology Pte Ltd, the leading software development and System Integration Company in Myanmar. MIT was founded in 1997 and has been the market leader for ICT services in banking sector, retail sector, hospitality sector, healthcare sector and in digital innovation. MIT is the ASEAN Business Award winner for e-ASEAN sector in 2015 and ASOCIO 2018 Outstanding ICT Company Award. He is also a co-founder and director of Myanmar ICT Development Corporation, the MICT Park. |
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U Mike Myint joined BIM Group as Executive Director and currently leads BIM Consulting and BIM Cybersecurity as Managing Director. He was previously with PricewaterhouseCoopers (PwC) Myanmar and led Digital Trust and Transformation Assurance Business Units within the firm. He is a Myanmar repatriate and a seasoned technology executive with over 16 years of experience in digital and cybersecurity strategy, Enterprise Risk Management (ERM), cybersecurity policies and implementations, telecommunications and internet service providers, banking and financial systems as well as extensive project management and implementation both locally and internationally.
As a certified Board Director with Myanmar Institute of Directors (MIoD) he advises various businesses with Digital Technology Roadmap and Strategy, His primary focus is to help public and private enterprises to emerge through the digital transformation initiatives while ensuring the potential risks are properly managed. He serves as Treasurer for British Chamber of Commerce in Myanmar and co-founded Myanmar Information Security Association (MISA). Mike holds various Strategy, Information Security and Risk Management certifications from ISACA and ISC2 which includes CGEIT, CRISC, CISM, CISA, CISSP, CISSP-ISSAP and PMP. Mike received Bachelor’s Degree in Computer Science from University of Computer Studies, Yangon (UCSY). Mike also obtained Executive Certificate in Disruptive Strategy from HBX | Harvard Business School, Executive Certificate in Business Strategy and Financial Performance from INSEAD. |
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Thiri Thant Mon is the CEO of the Myanmar Institute of Directors and the Managing Partner of Pegu Partners. She has over 20 years of experience in the US, UK and Myanmar, including as an investment banker with Morgan Stanley in London and the member of the senior management team at Yoma Strategic Holdings in Myanmar. She is a board member of Dawn Microfinance Myanmar and a trustee for Turquoise Mountain Foundation, Yangon Heritage Trust and Doh Eain. She holds a BA in Economics from William & Mary and an MBA from the London Business School. |
Note: This webinar has been completed and if you would like to watch recording CLICK HERE.
ABOUT THE WEBINAR
During the past two decades, policy makers, regulators and market participants around the world have increasingly come to emphasize the need to develop good corporate governance policies and practices. An increasing amount of empirical evidence shows that good corporate governance contributes to competitiveness, facilitates corporate access to capital markets, and thus helps develop financial markets and spur economic growth.
Today, both domestic and foreign investors place an ever-greater emphasis on the way that companies are operated and how they respond to their needs and demands. Investors are increasingly willing to pay a premium for well-governed companies that adhere to good board practices, provide for information disclosure and financial transparency, and respect shareholder rights. Well-governed companies are also better positioned to fulfill their economic, environmental, and social responsibilities, and contribute to sustainable growth.
The Webinar on Corporate Governance from Investors’ Perspective will help the participants to:
- Discuss the corporate governance expectations of investors and why they are important for Myanmar companies;
- Provide guidance for directors and executives in aligning with investors’ requirements with respect to the governance of their companies;
- Review practical examples of how corporate governance standards can be implemented.
Date & Time |
: 10:00 am – 11:50 am, 12 August 2020 |
Registration |
: [Click here] |
Details agenda |
: [Click here] |
Language |
: English |
*Please register by 10 August, 2020
SPEAKERS |
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J. Chris Razook is the IFC Corporate Governance Lead for the East Asia and Pacific (EAP) region. Chris has over 15 years of experience in the area of corporate governance and supports IFC’s investments by working with companies to strengthen their governance frameworks. Chris has also provided assistance to central banks, capital market authorities, and other regulatory bodies in drafting corporate governance laws, codes, and listing rules. Chris has undergraduate degree in Engineering, an MBA in International Finance, and an LLM in Corporate Law. |
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Thiri Thant Mon is the CEO of the Myanmar Institute of Directors and the Managing Partner of Pegu Partners. She has over 20 years of experience in the US, UK and Myanmar, including as an investment banker with Morgan Stanley in London and the member of the senior management team at Yoma Strategic Holdings in Myanmar. She is a board member of Dawn Microfinance Myanmar and a trustee for Turquoise Mountain Foundation, Yangon Heritage Trust and Doh Eain. She holds a BA in Economics from William & Mary and an MBA from the London Business School. |