Learning Series: Director Certification Program 6th Batch

January 8 - 23, 2022 (weekends)

The MIoD ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐จ๐ซโ€™๐ฌ ๐‚๐ž๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐ ๐ซ๐š๐ฆ (๐ƒ๐‚๐) resumed on 8๐‘กโ„Ž ๐ฝ๐‘Ž๐‘›๐‘ข๐‘Ž๐‘Ÿ๐‘ฆ 2022 after a two-year pause. We would like to express its gratitude to all participants who attended the ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐จ๐ซโ€™๐ฌ ๐‚๐ž๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐ ๐ซ๐š๐ฆ (๐ƒ๐‚๐). 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 ๐——๐—ฎ๐˜„ ๐—ช๐—ถ๐—ป ๐—ช๐—ถ๐—ป ๐—ง๐—ถ๐—ป๐˜ and Board member ๐—จ ๐—ง๐˜‚๐—ป ๐—ง๐—ต๐˜‚๐—ฟ๐—ฎ ๐—ง๐—ต๐—ฒ๐˜ gave the opening address. Board member ๐—จ ๐— ๐—ถ๐—ธ๐—ฒ ๐—ฃ๐—ต๐—ผ๐—ป๐—ฒ ๐— ๐˜†๐—ถ๐—ป๐˜ and MIoD trainer ๐——๐—ฎ๐˜„ ๐—ง๐—ต๐˜‚๐˜‡๐—ฎ๐—ฟ ๐—ช๐—ถ๐—ป 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, ๐ƒ๐š๐ฒ ๐Ÿ covered Board Composition and Structure, Myanmarโ€™s Legal Environment for Directors, the Myanmar Companies Law and MyCo, and Listing Rules. ๐ƒ๐š๐ฒ ๐Ÿ‘ addressed Board Dynamics, Family Business and Succession Planning and Disclosure.

๐ƒ๐š๐ฒ ๐Ÿ’ was all about the finance basics that Directors need to understand: an Overview of Corporate Finance, and what Financial Statements do and donโ€™t tell you. This was followed by Financial Statement Analysis including ratios, and a discussion of Accounting fraud and internal controls on ๐ƒ๐š๐ฒ ๐Ÿ“. Willis Towers Watson also gave an overview of insurance issues that Directors in Myanmar needs to be aware of.

๐ƒ๐š๐ฒ ๐Ÿ” was the face-to-face session at Lotte Hotel where MIoD Board members ๐Œ๐ซ. ๐Œ๐ข๐ค๐ž ๐๐ก๐จ๐ง๐ž ๐Œ๐ฒ๐ข๐ง๐ญ and ๐Œ๐ฌ. ๐•๐ข๐œ๐ค๐ฒ ๐๐จ๐ฐ๐ฆ๐š๐ง 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 ๐——๐—ฎ๐˜„ ๐—ช๐—ถ๐—ป ๐—ช๐—ถ๐—ป ๐—ง๐—ถ๐—ป๐˜ and Chair of the Learning Committee ๐Œ๐ฌ. ๐•๐ข๐œ๐ค๐ฒ ๐๐จ๐ฐ๐ฆ๐š๐ง. The 6th DCP batch were honoured to have MIOD patron, ๐’๐š๐ฒ๐š๐ซ ๐†๐ฒ๐ข ๐๐ซ๐จ๐Ÿ๐ž๐ฌ๐ฌ๐จ๐ซ ๐ƒ๐ซ. ๐€๐ฎ๐ง๐  ๐“๐ฎ๐ง ๐“๐ก๐ž๐ญ 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.