Learning Series: Director Certification Program Batch 8

December 16 - 18, 2022

The Batch 8 of the MIoDโ€™s Director Certification Program (DCP) started on 16th December 2022 as a 3-day in person Program at the Novotel Yangon Max.
โฃ
MIoDโ€™s Chair Daw Win Win Tint kicked off the ๐—ข๐—ฝ๐—ฒ๐—ป๐—ถ๐—ป๐—ด ๐—”๐—ฑ๐—ฑ๐—ฟ๐—ฒ๐˜€๐˜€ and later facilitated the first session on ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐†๐จ๐ฏ๐ž๐ซ๐ง๐š๐ง๐œ๐ž followed by ๐…๐š๐ฆ๐ข๐ฅ๐ฒ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ๐ž๐ฌ ๐š๐ง๐ ๐’๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ๐ข๐จ๐ง ๐๐ฅ๐š๐ง๐ง๐ข๐ง๐ . MIoDโ€™s Faculty, Daw Thuzar Win presented the ๐‘๐จ๐ฅ๐ž๐ฌ ๐š๐ง๐ ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ข๐›๐ข๐ฅ๐ข๐ญ๐ข๐ž๐ฌ ๐จ๐Ÿ ๐ž๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ฏ๐ž ๐๐จ๐š๐ซ๐๐ฌ. The attendees also learnt ๐„๐ง๐ญ๐ž๐ซ๐ฉ๐ซ๐ข๐ฌ๐ž ๐‘๐ข๐ฌ๐ค ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ from Dr. Tun Thura Thet while Daw Min Min Ayer Naing shared the insightful knowledge on ๐‹๐ž๐ ๐š๐ฅ ๐๐ซ๐จ๐ฏ๐ข๐ฌ๐ข๐จ๐ง๐ฌ concerning corporate governance in Myanmar, particularly directorโ€™s rights and duties, and disclosure.
โฃ
Around 30 participants, mostly directors, board members and senior management of Myanmar companies joined the Program.

Day 2 of the Director Certification Program resumed on 17th December 2022 with Directors, Disclosure and Reporting by Mr. Nicolas Delange later followed by the session Responsible and Responsive Board Leadership.

Daw Kyi Kyi Khin Swe shared insightful knowledge on the Listing Criteria for Listed Companies while U Myo Min facilitated on Reflections on four years of the Myanmar Companies Law and MyCo. Daw May Pale gave an Overview of General Reinsurance Market that Directors in Myanmar needs to be aware of.

Day 2 is completed with the session Board Composition and Structure by Daw Wah Wah Min covering Board composition, Board objectivity and director independence, Board committees and their functioning, and board dynamics followed by Board Effectiveness focusing on the four pillars influencing effective Boards.

Day 3 was all about the finance basics that Directors need to understand covered by MIoDโ€™s Faculty, Daw Kim Chawsu, including an ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐—ผ๐—ณ ๐—–๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ, and what ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€ do and donโ€™t tell you. This was followed by ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ including common sized financial statements and ratios. The attendees also learned about the ๐—”๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ถ๐—ป๐—ด ๐—ณ๐—ฟ๐—ฎ๐˜‚๐—ฑ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—ป๐—ฎ๐—น ๐—ฐ๐—ผ๐—ป๐˜๐—ฟ๐—ผ๐—น๐˜€ by Daw Thin Thin Myat.
โฃ
After taking a short test of the corporate governance knowledge which had been covered in the sessions, MIoD’s Faculty, Daw Thuzar Win reflected on the topics covered in the course and raise points and questions about what they mean for corporate governance in Myanmar today as well as opportunities to take the personal learning journey about corporate governance, and tools and resources shared.ย 
โฃ
The certified directors were then awarded their certificates and concluded the day with a group photo.
โฃ
The MIoD would like to express its gratitude to all participants, mostly directors, board members and senior management of Myanmar companies who attended the Batch 8 of 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) on 16th, 17th and 18th December 2022 at the Novotel Yangon Max.
โฃ
A huge thank you to all our incredible faculties, 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.ย 
โฃ
If you are interested in attending future training sessions, please contact the Myanmar Institute of Directors (MIoD) at +95 9 400 151 412, +95 9 400 151 419, orย info@myanmariod.com.