Economy News _ Baghdad
The International Finance Corporation (IFC), the World Bank, announced Wednesday that it will organize a corporate governance conference on November 8, 2018.
“The conference will focus on governance, institutions and banks, and will be based on the grand hall of Al-Rasheed Hotel,” an official source told Al-Iqtisad News. “On the sidelines of the conference, an office of the Iraqi Institute of Directors will be opened in Baghdad.”
“The governance program aims to set a time limit for chairmen and board members and replace them with a known period, in accordance with the principle of separating the administration from the ownership that governance aims at.”
The delegation of the International Finance Corporation / World Bank, which is currently visiting Iraq, has met with the Association of Iraqi Private Banks and a number of related economic organizations. The meeting dealt with the subject of governance of institutions and banks, which will be presented in detail during the opening ceremony.