TS4

8th Conference — Washington, DC

“Meeting on the implementation of the Corporate Governance Development Framework”

Date: 4-6 March 2014
Location: Washington D.C., USA
Host Institution: IIC

Objective

The objective of the conference was twofold:

Main Outcomes

The following key priorities were identified by all attendees during the conference:

  • Continue to hold the annual meeting which has become a cornerstone of the cooperation among signatories and develop tools for virtual communication and knowledge sharing among signatories;
  • Investigate further the process of nominating directors in investee companies;
  • Complete the study on a “Business Case for Corporate Governance” (a selected group of DFIs, coordinated by the Black Sea Trade and Development Bank, which explores the interrelationship between corporate governance and financial performance), and start working on individual case studies to share practical lessons based on DFI experience; and
  • Explore the relationship between business integrity and corporate governance and provide recommendations on how to achieve greater synergy between the two fields.

In addition to the above, the number of signatories grew by two bringing the total number of signatories to 33. Indeed, the following two DFIs joined the initiative and signed during the meeting;

  • Nacional Financiera, Mexico
  • Vnesheconombank, Russia

Participants

The participating Institutions of the conference include: