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14th Pacific Economic Cooperation Council Corporate Governance and Related Reforms for East Asia Developing a Culture of Corporate Governance - the Role of Director Education and Training

14th Pacific Economic Cooperation Council Corporate Governance and Related Reforms for East Asia Developing a Culture of Corporate Governance - the Role

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Page 1: 14th Pacific Economic Cooperation Council Corporate Governance and Related Reforms for East Asia Developing a Culture of Corporate Governance - the Role

14th Pacific Economic Cooperation Council

Corporate Governance and Related Reforms for East Asia

Developing a Culture of Corporate Governance - the Role of Director Education andTraining

Page 2: 14th Pacific Economic Cooperation Council Corporate Governance and Related Reforms for East Asia Developing a Culture of Corporate Governance - the Role

Australian Institute of Company Directors

IoD - 1961CDA - 1982AICD - 1990

Page 3: 14th Pacific Economic Cooperation Council Corporate Governance and Related Reforms for East Asia Developing a Culture of Corporate Governance - the Role

Australian Institute of Company Directors

Members - 16,000Staff - 70Turnover - $A 14 m

Page 4: 14th Pacific Economic Cooperation Council Corporate Governance and Related Reforms for East Asia Developing a Culture of Corporate Governance - the Role

AICD Objectives

• information and education• promote excellence• valued network• attract and retain members• successful advocate• financially sound, efficient and caring

Page 5: 14th Pacific Economic Cooperation Council Corporate Governance and Related Reforms for East Asia Developing a Culture of Corporate Governance - the Role

AICD Activities

• education / professional development

• policies / advocacy

• information services / networking

• best practice standards

Page 6: 14th Pacific Economic Cooperation Council Corporate Governance and Related Reforms for East Asia Developing a Culture of Corporate Governance - the Role

Challenges

• corporate governance culture

• community support

• course development

• membership growth

Page 7: 14th Pacific Economic Cooperation Council Corporate Governance and Related Reforms for East Asia Developing a Culture of Corporate Governance - the Role

Corporate Governance

• transparency

• shareholder rights

• independently minded directors

Page 8: 14th Pacific Economic Cooperation Council Corporate Governance and Related Reforms for East Asia Developing a Culture of Corporate Governance - the Role

Company Director Lifecycle

Experience/ Directorships

EducationalRequirements

DirectorsLifecycle

GettingStarted

Growth Maturity Experienced

Year asDirector

0-2 Years 3-5 Years 6-10 Years >10 Years

Page 9: 14th Pacific Economic Cooperation Council Corporate Governance and Related Reforms for East Asia Developing a Culture of Corporate Governance - the Role

AICD Courses : Lifecycle Stage

COURSES GettingStarted

Growth Maturity Experienced

Board Step

Ultimate Step

Commercial Negotiation

Powerful Speech & Presentations

New Director Programme

Company Director Course

Fundamentals of Financial Statements

Skills Update

Compliance Update

Board & CEO Assessment

Good Governance

Role of the Chairperson

Page 10: 14th Pacific Economic Cooperation Council Corporate Governance and Related Reforms for East Asia Developing a Culture of Corporate Governance - the Role

14th Pacific Economic Cooperation Council

Corporate Governance and Related Reforms for East Asia

Developing a Culture of Corporate Governance - the Role of Director Education andTraining


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