Invitation to Board Member Education, May 2016

Invitation to Board Member Education, May 2016

Baltic Institute of Corporate Governance invites board and supervisory council members, shareholders and top executives to attend Board Member Education Program in May 2016 and apply for a Professional Board Member Certificate.

Background of the Education

Topics of the Education Program are compiled based on the principles and recommendations on Corporate Governance by the International Finance Corporation of the World Bank Group (IFC) and Organization for Economic Co-operation and Development (OECD).

Education is held in the English language. It consists of three sessions (two days each) and final examination.

Preliminary dates for the May education:
• May 5th and 6th – first session in Vilnius;
• May 12th and 13th – second session in Tallinn;
• May 19th and 20th – third session in Riga.

Education helps shareholders to…
• Ensure that the business is run as efficiently as possible in their interests;
• Improve internal control systems and reach greater accountability;
• Increase transparency of the company;
• Boost access to capital and financial markets;
• Elevate the confidence of potential partners;
• Enhance and safeguard company reputation;
• Increase the value of the business;
• Develop the long-term prosperity of the company.

Education helps board and council members to…
• Improve top level decision-making processes;
• Build-up better control environments;
• Reduce potential fraud and conflicts of interest;
• Ensure higher level of protection for all investors;
• Improve relationships among the management, board, shareholders and stakeholders;
• Contribute to the long-term, sustainable growth of the company;
• Encourage effective succession planning for top and senior management;
• Serve professionally on boards in all three Baltic States and globally.

Education helps top management to…
• Minimize losses, corruption, risks and mismanagement;
• Lower capital costs;
• Attract and cooperate with partners more beneficially;
• Attract and retain key talents more easily;
• Improve profitability;
• Support brand formation and development;
• Improve everyday interactions with shareholders, board and council;
• Elevate company’s accountability and transparency to its shareholders and other stakeholders: employees, creditors, customers and the wider society.

Each of them will gain plenty of valuable knowledge for making a business more transparent, more efficient and more valuable.

Graduating from the BICG Education Program will help serve professionally on boards as well as interact with them in any kind of business entity.

To download the introduction to the program, please follow the link below.

Introduction (EN)

Preliminary Program (EN)

For more information, please contact Mr Rytis Ambrazevičius, Vice President of the BICG, or Mr Andris Grafs, Country Manager Latvia.

Rytis Ambrazevičius
Vice President
Mob. +370 698 17011
E-mail rytis[at]bicg.eu

Andris Grafs
Country Manager Latvia
Mob. +371 297 84407
E-mail andris[at]bicg.eu

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