The need for best board practices and processes was never felt as much as now. An effective Board of Directors is driven by the governance structure of a well-performing and well- governed company, acting as the ultimate internal monitor. Ideally, the Board guides long-term corporate strategy, ensure the key resources are well in place to implement it, and frequently reviews performance against the strategy set out. Consequently, decline in company performance and governance begins when Board fails to implement these best board practices and processes.

Since the Boards of Directors operate out of sight of the public and most investors due to the need of confidentiality of board discussions, the transparency of board meetings is always questioned, hence there is need to have full trust and confidence in the proper functioning of the Board.

It is important to note that the effectiveness of board practices cannot be mandated by law alone, but sometimes legal and regulatory requirements or “comply or explain” recommendations from codes can contribute to consideration or adoption of good practices.

The aim of this conference is to take stock of the corporate governance framework, consisting of laws, regulations and voluntary codes and complement it with information on actual practices.

The conference focuses on four key board-related topics during panel discussions. Each panel discussion topic is expected to be deliberated by learned corporate governance and board practitioners to the full advantage of the audience.