CORPORATE GOVERNANCE Workshop
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<strong>CORPORATE</strong> <strong>GOVERNANCE</strong> WORKSHOP AT MARRIOT HOTEL, KIGALI February 23, 2018<br />
Kigali - February 23, 2018<br />
<strong>CORPORATE</strong> <strong>GOVERNANCE</strong> WORKSHOP<br />
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<strong>CORPORATE</strong> <strong>GOVERNANCE</strong> WORKSHOP AT MARRIOT HOTEL, KIGALI February 23, 2018<br />
BACKGROUND<br />
The International Finance Corporation (IFC) seeks to promote sustainable private sector investment in<br />
developing countries and it has identified that there is a need for adequate emphasis on improved corporate<br />
governance practices. Therefore, the East Africa Corporate Governance Program (EAfCGP) has been<br />
specifically designed to improve firm performance and increase the ability of markets and firms in the East<br />
Africa region to attract and retain investment by promoting the adoption of Corporate Governance (CG) best<br />
practices and standards in line with local and regional priorities.<br />
Often individuals mistakenly believe that CG is only applicable for large, typically publicly-held companies.<br />
Introducing good CG practices brings important changes to organizations of any size. Professionals like<br />
Accountants, Lawyers, Auditors and company Secretaries should play a big role in not only raising<br />
awareness on the standards and practices of good corporate governance but also in ensuring that the firms<br />
they serve practice good corporate governance. Good governance helps businesses operate more efficiently,<br />
it signficantly increases their ability to attract capital and it improves their relationships with stakeholders.<br />
Well-governed companies, independently of their size, therefore are more likely to be sustainable in today’s<br />
increasingly competitive environment.<br />
THE TRAINING PROGRAM AND LEARNING OBJECTIVES<br />
This One-day workshop has been designed specifically for members of the Institute of Certified Public<br />
Accountants of Rwanda (iCPAR) with the purpose of raising awareness on the principles and best practices<br />
of corporate governance, and to provide participants with practical guidance that will allow them to identify<br />
priority governance improvement most beneficial for their specific companies. This highly interactive training<br />
will also address common challenges faced by persons who provide professional services to companies.<br />
CERTIFICATES<br />
Certificates of attendance will be awarded to all participants who attend and participate in all sessions of the<br />
training program. For members, seven (7) CPD – Continuous Professional Development hours will also<br />
be awarded.<br />
DONOR SUPPORT TO THE PROGRAM<br />
IFC’s East Africa Corporate Governance Program is supported by the Swiss State Secretariat for Economic<br />
Affairs (SECO). For more information on IFC and Corporate Governance, visit<br />
www.ifc.org/corporategovernance.<br />
For more information on SECO, visit www.seco-cooperation.admin.ch.<br />
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<strong>CORPORATE</strong> <strong>GOVERNANCE</strong> WORKSHOP AT MARRIOT HOTEL, KIGALI February 23, 2018<br />
PROGRAM OUTLINE:<br />
Time What Who<br />
08:00 – 08:30 Registration: sign-in and grab your coffee All<br />
08:30 – 9:00 Welcome Remarks iCPAR<br />
9:00 – 09:30 Introductions, <strong>Workshop</strong> Objectives and Ground Rules Madren Oluoch-Olunya, IFC<br />
09:30 – 10:45 Module 1:<br />
Introduction to Corporate Governance<br />
Introduction to Corporate Governance<br />
The Business Case for Corporate Governance<br />
10:45 – 11.15 Coffee Break<br />
11:15 – 12:45 Module 2:<br />
Board Functioning<br />
Board’s Role, Responsibilities<br />
Delegation of responsibilities<br />
Directors’ Rights, Duties, Liabilities<br />
Chairman, CEO Role and Separation<br />
Stefan Handoyo, IFC<br />
Madren Oluoch-Olunya, IFC<br />
12:45-2:00 Lunch<br />
2:00 – 3:15 Module 3:<br />
The Governance of Risk<br />
<br />
<br />
<br />
<br />
Risk and Performance<br />
Board Risk Management Role, Benefits, Process<br />
Role of Risk Manager<br />
Red Flags for Directors<br />
Madren Oluoch-Olunya, IFC<br />
3.15 – 4.30 Module 4:<br />
Disclosure and Transparency<br />
<br />
<br />
The Business Case for Disclosure and<br />
Transparency<br />
Reporting Trends<br />
4.30-5.00 Evaluations and Closing Remarks<br />
Tea Break<br />
Stefan Handoyo, IFC<br />
IFC & iCPAR<br />
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<strong>CORPORATE</strong> <strong>GOVERNANCE</strong> WORKSHOP AT MARRIOT HOTEL, KIGALI February 23, 2018<br />
Your Investment:<br />
Your investment: Rwf. 80,000 for members and Rwf. 100,000 for Nonmembers (VAT inclusive).<br />
Fees are payable to Bank of Kigali A/C No: 00040-0335616-29 or Ecobank A/C No: 110-<br />
04413101-72.<br />
Save a 10% discount by paying for more than 5 participants and also a 5 % early bird<br />
discount by paying before 16 th February 2018.<br />
Trainers’ Bios:<br />
Stefan S. Handoyo<br />
Mr. Stefan Handoyo is currently the Program Lead for the IFC East Africa Corporate Governance Program,<br />
covering five countries – Kenya, Tanzania, Uganda, Rwanda and Ethiopia. Stefan has more than 15 years<br />
of experience in the field of corporate governance, including three years with the IFC East Asia and Pacific<br />
Corporate Governance Program. He first joined IFC Investment Services in 1998 as Investment Analyst. He<br />
helped set up Indonesian Institute for Corporate Directorship in 2000. He was part of the group of initiators<br />
of the Institute of Directors in East Asia network (IDEA.net). Stefan was a member of the Indonesian<br />
government’s task force in the drafting of the Indonesian CG Roadmap and Manual. He was part of the joint<br />
WB-IMF team of Financial Sector Assessment Program (FSAP) 2016 in Indonesia. He has done corporate<br />
governance assessments for a number of IFC investment clients, mainly in East & South Africa and the East<br />
Asia & Pacific region. Stefan is a certified CG trainer and graduated from the Global Directorship Program of<br />
the School of Management of Yale University, USA. He holds a Bachelor’s degree in Physics Engineering<br />
from Indonesia, a Master of Science in Industrial Economics from the Philippines and an Advanced<br />
Management Program certificate from IESE Business School, Spain. He is the recipient of the 2013 Global<br />
Deloitte Scholarship Program of the International Corporate Governance Network (ICGN) and member of the<br />
Asian Corporate Governance Association (ACGA).<br />
Madren Oluoch-Olunya<br />
Ms. Madren Oluoch-Olunya is a Consultant with the IFC Africa Corporate Governance Program. She is a<br />
multi-skilled professional with extensive management and consulting experience gained over twenty (20)<br />
years in Board, Legal and Human Resource practice. She has worked in both the public and private sectors<br />
and across finance, hospitality and fast-moving consumer goods industries within Africa.<br />
Madren is a founder Board Director of the Institute of Directors (Kenya). She has developed various corporate<br />
governance tools, facilitated training workshops, led director searches, inductions, board evaluations,<br />
assessments and provided general governance and HR advisory services in emerging markets.<br />
Madren holds various qualifications including a Master of Law Degree (LL.M) from the London School of<br />
Economics and Political Science, UK and a Certificate in Human Resource Practice from Chartered Institute<br />
of Personnel and Development, UK. She is an Advocate of the High Court of Kenya, a Certified Public<br />
Secretary and is also an alumnus of Strathmore Business School, Kenya and IESE Business School, Spain.<br />
For further inquiries please contact: Sunday.kalisa@icparwanda.com or call on +250 788302441<br />
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