Courses
Banks Corporate Governance and Board Effectiveness (CGBE)
May 27th to 30th, 2024
This regional course, presented by the IMF Middle East Center for Economics and Finance (CEF) and the IMF – Middle East Regional Technical Assistance Center (METAC), aims to enhance the capacity of banking supervisors in assessing banks’ corporate governance and the effectiveness of board of directors, board committees and their relationship with risk management, compliance, shariah compliance, and internal audit functions. In so doing, the course will present international standard setters’ requirements on corporate governance, board responsibility, composition, qualification, independence, senior management responsibilities and risk communication within banks. It will discuss best practices to entrench corporate governance culture in the banking system and will share countries’ challenges in achieving this. The course will also explore ways in which blockages to effective supervision of corporate governance are addressed in practice. Case studies will be used to identify weaknesses, assess the fit and propriety of board and senior management and recommend remedial measures to correct deficiencies, forming a core element of the course.
