MIoD Breakfast Talks are a way that members and public can listen and participate in discussions, on a wide range of topics that effect Myanmar’s public and private sectors today.
Please join us at our Myanmar Institute of Directors (MIoD) Breakfast Talk Session on “Regulatory Requirements for Corporate Disclosure in Myanmar, and Good Practice”.
Our speakers Vicky Bowman (Director of the Myanmar Centre for Responsible Business) and Nicolas Delange, Managing Partner of the Yever will share recent developments in Myanmar regulation concerning corporate disclosure including requirements under the Myanmar Investment Law, the Companies Law, continuous disclosure obligations on unlisted public companies with more than 100 shareholders issued by the Securities and Exchange Commission of Myanmar (SECM), as well as directives from the Central Bank and requirements for publishing Environmental Impact Assessment reports.
When: Wednesday, March 4, 8:00 AM – 9:30 AM
Where: Sule Shangrila Hotel, Yangon.
Cost: USD 15 or 22,500 MMK for 𝐌𝐈𝐨𝐃 𝐌𝐞𝐦𝐛𝐞𝐫𝐬
USD 20 or 30,000 MMK for 𝐍𝐨𝐧-𝐌𝐈𝐨𝐃 𝐌𝐞𝐦𝐛𝐞𝐫𝐬
Registration: contact rsvp@myanmariod.com . Limited seating. First come, first served.
MIoD was launched in March 2018 to provide dedicated Board Directors and Executives education. MIoD aims to promote good corporate governance practices to Myanmar companies. Though its various activities, MIoD will provide best practice tools and resources, to enable Directors to effectively perform their duties to international standards.
Vicky Bowman, Director, Myanmar Centre for Responsible Business
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.
Nicolas Delange, Managing Partner, Yever
Nicolas is the founder and managing partner of Yever, a consultancy offering custom-made solutions to corporate leaders. Since 2016, Yever has worked with Myanmar companies to make their practices smarter, stronger and more sustainable. Yever has a strong track-record in Myanmar: we supported 20+ Myanmar organizations and entrepreneurs to enhance their business. Yever is also MCRB’s partner for Pwint Thit Sa. Nicolas works as IFC’s consultant on corporate governance: he contributed to establish the first Myanmar Corporate Governance scorecard together with the SECM, DICA and YSX.
Before creating Yever, Nicolas used to lead the Sustainability Advisory team of EY in Paris. He has strong consulting experience, helping the largest French companies to include sustainability in their corporate strategy. He specializes both in developing messages that enable companies to communicate their results efficiently to their stakeholders and in improving the sustainability of their business model. He also has expertise in leading stakeholder panels, training and raising sustainability awareness. Nicolas acquired the skills necessary to drive IT projects, especially on issues concerning customer relationship management. He has conducted studies on innovative topics: the carbon footprint of banks, trends in non-financial communication and integrated reporting.
Nicolas holds an MA in Global Communication and a Masters degree in HR Management and Communication from Paris Sorbonne University. Nicolas is a Director of CCI France in Myanmar and Chairman of EuroCham in Myanmar.
MIoD would like to invite you to join Breakfast Talk : “𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗘𝗾𝘂𝗶𝘁𝘆 𝗮𝗻𝗱 𝗧𝗵𝗲 𝗥𝗼𝗹𝗲 𝗼𝗳 𝗡𝗼𝗻-𝗲𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿𝘀” on 25𝑡ℎ 𝐹𝑒𝑏𝑟𝑢𝑎𝑟𝑦 2020 at Sule Shangri-La Hotel, Yangon.
MIoD Breakfast Talks are a way that members and public can listen and participate in discussions, on a wide range of topics that effect Myanmar’s public and private sectors today.
Breakfast Talk Speaker: 𝗠𝘀. 𝗝𝗼𝘀𝗲𝗽𝗵𝗶𝗻𝗲 𝗣𝗿𝗶𝗰𝗲, Inaugural chair at MPE&VCA and Co-founder at Anthem Asia.
The event’s fees
MIoD was launched in March 2018 to provide dedicated Board Directors and Executives education. MIoD aims to promote good corporate governance practices to Myanmar companies. Though its various activities, MIoD will provide best practice tools and resources, to enable Directors to effectively perform their duties to international standards.
For Online Registration for Breakfast Talk on 25th February 2020, Click Here
Myanmar Institute of Directors (MIoD) joint event with the India-Myanmar Chamber of Commerce (IMCC) and the Myanmar Hong Kong Chamber of Commerce and Industry
Ma Cherry Trivedi, CEO of MIoD presented a corporate briefing on Corporate Governance on February 17th at India in Myanmar (Embassy of India, Yangon). The meeting was attended by over 30 professionals.
Myanmar Institute of Directors (MIoD) took part in the “𝐒𝐭𝐨𝐜𝐤 𝐓𝐫𝐚𝐝𝐢𝐧𝐠 & 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬” training offered to around 290 University Students (3rd and 4th Years) of the Yangon Institute of Economics (YIE) Campus’ Theatre 2.
This five days training program (from 20th – 24th January 2020) for YIE Students was organized by Institute of Business and Investment Management – IBIM Myanmar and contribution by ICAEW, CISI, Yangon Stock Exchange – YSX, Security Exchange Commission (SECM), Myanmar Private Equity & Venture Capital Association (MPE/VCA), GLOBAL Legal Myanmar and MIoD.
These five-day sessions broadened the students’ knowledge of Capital Market, the operation of the Stock Exchange in Myanmar, Legal Process, the importance of Corporate Governance for Myanmar Companies and etc.
The MIOD’s Board Secretary Program (BSP) conducting #Day1 on 16th January 2020 in Myanmar, first-ever formal Company/Board Secretary Training Program with certification. The Program content is developed by Mark Livingston (Livingstons Legal), DENTON Rodyk in Myanmar and Myanmar Institute of Directors.
The Third Batch of MIoD’s “Board/Company Secretary Program” for Company/Board Secretaries and other professionals who are directly involved in board support and board information preparation and presentation to help them provide to their board the best quality board support.
Morning sessions are exciting and getting ideas for enhancing the way of work as a professional Company Secretary as the summary of how-to which skills company secretaries should ideally have to adequately fulfill their role as governance facilitators.
The importance of the company secretary’s role in Myanmar has increased over the years. No longer the person who merely keeps the minutes of the board and handles board correspondence, the company secretary role can now include administering the affairs of the company and managing/supporting the business of the board.
Day 2 of the Third Batch of MIoD’s “Board/Company Secretary Program was successfully conducted for Company/Board Secretaries and other professionals who are directly involved in board support and board information preparation and presentation to help them provide to their board the best quality board support.
Day 2 Program started with recapturing Day 1 sessions and reviewing for program. The feedbacks and review results show in the following photos ↴
As the feedback from Participants, DICA sessions are also very effective to understand for using MyCo and also get a good connection with DICA team and also networking among themselves.
Thanks to all the participants for active participation. We do appreciate Directorate of Investment and Company Administration (DICA), IFC – International Finance Corporation, Denton Myanmar for the partnership to become effective training.
On 13th January 2020, Day 1 DCP is an important day to understand a deep dive into the fundamentals of the 𝑪𝒐𝒓𝒑𝒐𝒓𝒂𝒕𝒆 𝑮𝒐𝒗𝒆𝒓𝒏𝒂𝒏𝒄𝒆 Framework. Morning sessions, Participants discussed more focus on examining the role, structure, and function of the board of directors, how it is set in the 𝐅𝐚𝐦𝐢𝐥𝐲 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 context. The discussions are really helpful to understand how to ensure effective implementation of governance practices in their companies.
The program was set within the #Asian #business context and provided a well-rounded board-level view of key strategic areas and issues facing many companies in Myanmar.
“The Directors Certification Program will help Myanmar directors become better aware of their responsibilities and ultimately improve the performance of boards and overall corporate governance in the country. This will help attract more foreign direct investment into Myanmar,” said Ma Cherry Trivedi.
𝗗𝗮𝘆 𝟮 𝗼𝗳 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫’𝐬 𝐂𝐞𝐫𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐏𝐫𝐨𝐠𝐫𝐚𝐦 (#𝗗𝗖𝗣) 𝗶𝘀 𝗮𝗹𝗹 𝗮𝗯𝗼𝘂𝘁 𝗙𝗶𝗻𝗮𝗻𝗰𝗲. 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿𝘀 𝗻𝗲𝗲𝗱 𝘁𝗼 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝘁𝗵𝗲 𝘀𝘁𝗼𝗿𝘆 𝗯𝗲𝗵𝗶𝗻𝗱 𝘁𝗵𝗲 𝗻𝘂𝗺𝗯𝗲𝗿𝘀 𝘀𝗼 𝘁𝗵𝗮𝘁 𝘁𝗵𝗲𝘆 𝗰𝗮𝗻 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲𝗹𝘆 𝗺𝗼𝗻𝗶𝘁𝗼𝗿 𝘁𝗵𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗵𝗲𝗮𝗹𝘁𝗵 𝗼𝗳 𝘁𝗵𝗲𝗶𝗿 𝗼𝗿𝗴𝗮𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻𝘀 𝗯𝘆 𝗲𝘃𝗮𝗹𝘂𝗮𝘁𝗶𝗻𝗴 𝗶𝘁𝘀 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲.
We need to comprehend how to analyze the financial position and performance of a firm by taking a deep dive into financial statement analysis. The participants had a great time by doing case studies on which drivers can impact the operating profit (#EBIT).
✍ ͏͏Th͏e ͏w͏a͏l͏t͏o͏n ͏f͏a͏m͏i͏l͏y ͏o͏f ͏w͏a͏l͏m͏a͏r͏t, ͏r͏o͏c͏h͏e, ͏m͏a͏r͏s ͏f͏a͏m͏i͏l͏y — ͏m͏a͏r͏s, ͏s͏a͏m͏s͏u͏n͏g, ͏c͏a͏r͏g͏i͏l͏l ͏a͏n͏d ͏k͏o͏c͏h ͏f͏a͏m͏i͏l͏y — ͏k͏o͏c͏h ͏i͏n͏d͏u͏s͏t͏r͏i͏e͏s ͏w͏h͏a͏t ͏d͏o ͏t͏h͏e͏y ͏h͏a͏v͏e ͏i͏n ͏c͏o͏m͏m͏o͏n? ͏t͏h͏e͏s͏e ͏a͏r͏e ͏t͏o͏p 10 ͏w͏e͏l͏l ͏k͏n͏o͏w͏n ͏f͏a͏m͏i͏l͏y ͏o͏w͏n͏e͏d ͏c͏o͏m͏p͏a͏n͏i͏e͏s ͏p͏e͏r ͏Forbes.
🔰 𝐌𝐲𝐚𝐧𝐦𝐚𝐫 𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐥𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐢𝐬 𝐦𝐚𝐝𝐞 𝐮𝐩 𝐨𝐟 𝐟𝐚𝐦𝐢𝐥𝐢𝐞𝐬 𝐰𝐡𝐨 𝐨𝐰𝐧𝐬 𝐦𝐚𝐧𝐲 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬. 𝐓𝐡𝐞 𝐛𝐢𝐠𝐠𝐞𝐬𝐭 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 𝐨𝐟 𝐟𝐚𝐦𝐢𝐥𝐲 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐢𝐬 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐢𝐨𝐧 𝐩𝐥𝐚𝐧𝐧𝐢𝐧𝐠, 𝐞𝐧𝐬𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐚𝐭 𝐭𝐡𝐞 𝐟𝐚𝐦𝐢𝐥𝐲 𝐥𝐞𝐠𝐚𝐜𝐲 𝐢𝐬 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐝 𝐭𝐨 𝐭𝐡𝐞 𝐧𝐞𝐱𝐭 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧.
On Day 3, the participants reviewed:
• Family Governance in the context of succession planning
• Best Practice review of live case studies across Asia
• Ethical Dilemmas, through the reconciliation methodology
Directors on the Board need to work together as a team by navigating turbulent times by
ᗩ (ᗩTTITᑌᗪE), ᗷ (ᗷEᕼᗩᐯIOᑌᖇ) ᗩᑎᗪ ᑕ (ᑕᗩᑎᗪOᑌᖇ) Oᖴ ᗷOᗩᖇᗪ ᗪYᑎᗩᗰIᑕᔕ
Director Certification Program (DCP) Day 3 Afternoon session started with the session of Peter Brimble, Senior Technical Advisor, DaNa Facility. He presented a presentation related to Inclusive economic growth through responsible and sustainable private sector development, the title “𝐓𝐫𝐢𝐩𝐥𝐞 𝐖𝐢𝐧𝐬 𝐢𝐧 𝐌𝐲𝐚𝐧𝐦𝐚𝐫 𝐂𝐫𝐞𝐚𝐭𝐢𝐧𝐠 𝐚𝐧 𝐈𝐧𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭”
Inclusive Business is an innovative approach to promoting growth in an economy with the private sector contributing to inclusive economic growth by creating and expanding opportunities for the poor. Inclusive Business is a relatively new concept in Myanmar and while there are a growing number of social enterprises and corporate social responsibility activities in the country, the notion of engaging the poor through core business activities is still nascent.
The Head of DFID – UK Department for International Development to Myanmar, Dr Gail Marzetti, speaking about the publication of the report in Yangon today said: “Inclusive businesses engage the poor in a way that offers sustainable solutions to the problems the poor face. This is the triple win of inclusive business: the poor, the company, and society all win. That is why it can have such a profound impact on society and on the economy, promoting inclusive growth and sustainable development. And this is why DFID and the UK Government are so committed to promoting Inclusive Business and why we are so pleased to be involved in the publication of this ground-breaking report.”
A copy of the Inclusive Business in Myanmar report can be found on the DaNa website here.
