MIoD launches first Director Certification Program in Mandalay

August 5, 2019

Myanmar Institute of Directors (MIoD) with support of Mandalay based representatives of Directorate of Investment and Company Administration (DICA) held its inaugural networking session for Mandalay business community to commemorate the first run of its Director Certification Program. MIoD launched its three-day intensive DCP in April and two runs of the program took place in Yangon in April and June 2019. The program is set within the Asian businesses context and provides a well-rounded board-level view of key strategic areas and issues facing many companies in Myanmar. MIoD networking session was attended by over 80 members of Mandalay business community and over 30 board members and business owners registered for the first batch of training in Mandalay.

 

The session was opened by Ma Cherry Trivedi, CEO of MIOD, Anar Aliyev, Corporate Governance Officer, IFC and Peter Brimble, Chief Technical Advisor, from Dana Facility.  Aung Myat Khaing from MIOD team acted as master of ceremony.

 

Ma Cherry thanked the business community of Mandalay for their support and attendance along with Mandalay DICA for continued efforts in upskilling the business community in Myanmar.  She addressed the attendees with the importance of Corporate Governance in Myanmar and encouraged Myanmar companies to improve transparency, legal compliance and implement better governance practices to improve their access to capital and enhance reputation.

 

Mr. Aliyev and Mr. Bimble also thanked the Mandalay business community and addressed the importance of Corporate Governance in Myanmar.

 

Kim Chawsu, MIOD director of Learning spoke about the MIOD’s mission in upskilling Directors in Myanmar and explained the development of relevant courses for Myanmar Directors and C-Suite education that are best in class with Myanmar reference.

 

Myanmar needs this kind of association and education for companies to upskill our business community to upgrade our businesses, along with creating investor friendly environment in Myanmar”, shared Zaw Latt, Founder & Group Chairman of ABC-MIB Group of companies.

 

MIOD will be conducting regular training programs in Yangon and Mandalay and intends to launch across key cities in Myanmar along with DICA’s support.

 

MIoD was set up in March 2018 to promote corporate governance standards and best practices in Myanmar. It was formed with support from IFC, a sister organization of the World Bank, and the governments of Australia and the United Kingdom.

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About MIoD

The Myanmar Institute of Directors (MIoD) provides the Myanmar market with thought leadership in corporate governance as well as professional corporate governance and director education. MIoD aims to advance board professionalism, promote business ethics and transparency, create networks between corporate leaders and stakeholders, and boost investor confidence in Myanmar’s private sector. www.myhanmariod.com

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