|
Dhaka, Bangladesh, June 23, 2011
- IFC, a member of the World Bank Group, is providing corporate-governance training to senior banking professionals from Bangladesh and other South Asian countries to help improve governance practices of banks and financial institutions.
IFC, Bangladesh Enterprise Institute, and Bangladesh Institute of Capital Market concludes today a three-day training program for senior bankers from Bangladesh, Bhutan, Nepal, and Sri Lanka on how to raise their banks’ financial performance and operational efficiency through better corporate-governance practices, particularly on issues related to risk governance. The participants will in turn train and advise members of their banks’ boards.
“Corporate governance training helps banking and finance professionals better understand their roles and responsibilities and motivates them to be proactive change agents,” Atiur Rahman, Governor of Bangladesh Bank, said in his closing remarks Thursday. “I am looking forward to seeing a substantial number of bank directors who are trained and motivated to ensure good governance in their banks as a result of this initiative.”
The training program is part of IFC’s Global Corporate Governance Forum’s
Financial Markets Recovery Project
, which provides training to bank board directors in emerging markets and developing countries.
“Good corporate governance practices will help firms in South Asia become more attractive to foreign investors. The pool of trainers that IFC is developing through this program would play a critical role in achieving this objective,” said Kyle Kelhofer, IFC Country Manager for Bangladesh, Bhutan, and Nepal.
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. We create opportunity for people to escape poverty and improve their lives. We do so by providing financing to help businesses employ more people and supply essential services, by mobilizing capital from others, and by delivering advisory services to ensure sustainable development. In a time of global economic uncertainty, our new investments climbed to a record $18 billion in fiscal 2010. For more information, visit
www.ifc.org
Stay Connected
|
