1. Better Companies, Better Societies IFC - Global Corporate Governance Forum January 2009

2. 2 Who We Are  IFC multi-donor trust funded facility ↳ Founded in 1999 by World Bank Group and OECD  Forum’s purpose: ↳ Promote global, regional and local CG reform initiatives ↳ Improve institutional framework for good corporate governance ↳ Facilitate improved CG practices in emerging markets

3. 3 Toolkits Provide “Best in Class”, Practical Guidance – Building Institutional Capacity CG Codes TK 1 Raising boardroom practices, setting framework for enhanced standards Director Institutions TK 2 Creating institutional capacity for implementation of best practice CG Leadership Resources TK 3 Providing material to facilitate sustainable institutions, quality training CG Mediation TK 4 [Due FY09] Supporting business climate and relieving legal system Media TK 5 [Due FY10] Facilitating extra regulatory market oversight – JV with Thomson Reuters Sequenced, Integrated Approach

4. 4 Director Training Organizations TK 5 TK 4 TK 6 TK 7 Toolkit 1 TK 8 TK 3 TK 2 Boards Companies  Based on global best practices  Practical guidance  Solutions to meet local conditions  Peer networking  Focus: Guide sustainable institution building “Expert training strengthens our effectiveness in building board directors’ professionalism.” Participant, Panama IOD Project

5. 5 Corporate Governance Codes TK 6 TK 5 TK 7 TK8 Toolkit 2 TK1 TK 4 TK3 Boards Companies  Best of international practice  Clear, comprehensive guidelines  International expertise/PSAG  Supports policy reforms  Code Peer Review Group  Toolkit available in English, French, Arabic, Spanish and is currently being translated by EBRD to Russian  Focus: Facilitate better boardroom practices, local ownership of the process “The Forum’s expertise and experiences provided Bulgaria with practical, relevant, insightful counsel.” Prof. Bistra Boeva Co-Chair, Bulgaria CG Project

6. 6 Board Development Resource Kit TK 7 TK 6 TK 8 TK 1 Toolkit 3 TK 2 TK 5 TK 4 Boards Companies  Enhance directors’ business skills  Engage directors in value-based judgments, through challenging boardroom dilemmas  Innovative Adult-learning strategies Interactive through cases Audio-visual aids  High level of global utility  Focus: Strengthen director training techniques training techniques “This new approach in adult learning and case study development will enhance my skills as a trainer in educating company directors.” Participant, CG Leadership Program for East and Southern Africa

7. 7 Corporate Governance Mediation  New initiative  Broad-based partnerships  Release capital tied up in disputes, encourage mediated settlement  Enforces good CG practice  Supports shareholder protection  Improves investor confidence  Focus: Foster investment climate and business practices “I welcome the Forum’s initiative to lead ground breaking work on the use of ADR in the field of Corporate Governance.” Mervyn King, Former High Court Judge South Africa TK 8 TK 7 TK 1 TK 2 Toolkit 4 TK 6 Boards Companies TK 3 TK 5

8. 8 Training for Financial Journalists  Vanguard for CG awareness  Enhance understanding of CG and financial reporting  Practical training  Exposure to leading journalists  Partnership with Reuters  Focus: Build understanding and importance of CG, facilitate better reporting “Better informed journalists make for more insightful reporting that benefits investors, capital markets.” Participant, Balkans Media Project TK 2 TK 1 TK 3 TK 4 Toolkit 6 TK 8 TK 5 Boards Companies TK 5 TK 7

9. 9 Our Reform Approach Catalyst for Implementing CG Policy Reform ↳ ↳ e.g., World Bank CG ROSC, OECD Deploying Our Toolkits Provide Leverage for CG Reform ↳ ↳ e.g., IFC, World Bank, EDFI, EBRD, etc. Build Expertise in CG Institutions ↳ ↳ e.g., Accrediting Toolkit Use, Training Trainers Support Local Capacity through TA ↳ ↳ e.g., CG Experts, PSAG, Building Collaboration

10. 10 Our Private Sector Advisory Group  Makes us unique!  Drawn from top echelons of business leadership ↳ Chaired by Peter Dey, with Christian Strenger as Deputy Chairman ↳ Includes experts from different parts of the world  Provide guidance and counsel on our strategy  Bring practical, relevant business experience  Advise on new products, provide material for publications  Support Forum outreach and penetration globally  Only one part of expansive, global network of partners

11. 11 How to Work with us  We are NOT a grant-making facility, instead we finance technical support  Our PSAG network  Code peer review  Flexible process  We welcome new initiatives, but need enough time to properly prepare  We follow a partnership model

12. 12 Disseminating Best Practices  Relevant to Developing Countries Undertaking Reforms  Identify Material that is Useful, Practical  Translation to Working Language  Focus ↳ In-depth assessments of policy issues ↳ Sharing experiences and knowledge ↳ Frameworks our wider mandate  Private Sector Opinions ↳ Ten now issued to date ↳ Covers broad spectrum of issues ↳ Practical insights drawn from PSAG  Website (www.gcgf.org)

13. 13 THANK YOU Hassan El-Shabrawishi Global Corporate Governance Forum Telephone +1 202 458 9521 helshabrawishi@ifc.orgwww.gcgf.org