Bishkek, Kyrgyz Republic, June 17, 2010 - IFC, a member of the World Bank Group, is helping educational institutions in Kazakhstan, the Kyrgyz Republic, and Tajikistan train the next generation of business leaders, contributing to more transparent, well-managed businesses and an attractive investment climate in these countries.
IFC is holding a two-day regional workshop on June 16-17 in Almaty, Kazakhstan. The event is bringing together around 16 university professors and educators from Kazakhstan, the Kyrgyz Republic, and Tajikistan to learn good corporate governance practices, based on IFC's extensive experience in this area. The workshop also is providing participants with an opportunity to discuss current best practice in corporate governance and the importance of introducing corporate governance curricula to educational institutions in Central Asia.
Ian Bird, IFC Project Manager, said, "Corporate governance courses at Central Asian educational institutions are relatively new. We see a great deal of interest and potential for further development of such curricula and are extremely pleased to play a critical role in the development of corporate governance in Central Asia. We look forward to the vibrant discussions on corporate development that result from our workshops."
The workshop is part of the educational program of the IFC Central Asia Corporate Governance Project, which partners with local educational and training institutions to help develop educational curricula on corporate governance. To date, IFC has helped develop and introduce courses at several Central Asian universities and institutes.
The project also assists local joint stock companies and banks in strengthening their corporate governance practices to improve their operations and increase their ability to attract financing.