Corporate secretary club in Mongolia launched to promote good governance

Oyundelger 2017-04-26 03:04

Society

IFC and the Corporate Governance Development Center (CGDC) have launched a corporate secretary club to promote best governance practices to ensure members’ contribution to their company board.

Corporate secretary club in Mongolia launched to promote good governance. IFC and the Corporate Governance Development Center (CGDC) have launched a corporate secretary club to promote best governance practices to ensure members’ contribution to their company board and management on governance matters. The club provides a venue for corporate secretaries to network, discuss governance challenges and international trends, and undergo training to become senior governance professionals. More than 30 corporate secretaries from leading Mongolian commercial banks and other corporations attended the launch in Ulaanbaatar, Mongolia. Since 2015, IFC has been cooperating with CGDC to increase market awareness of corporate governance, improve governance-related regulations, and advise individual companies on enhancing their corporate governance practices. “IFC has been working with both regulators and the private sector to strengthen corporate governance standards in Mongolian companies,” said Tuyen D. Nguyen, IFC Resident Representative in Mongolia.