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Latest News from the CSIA
  • 01 Jan 2015 4:56 PM | Anonymous

    Greetings on behalf of the Executive Committee and Council of the Corporate Secretaries International Association (CSIA):

    Established in 2010 in Geneva, Switzerland, CSIA is an international federation of professional bodies that promotes? the adoption of best corporate secretarial and governance practices as a means of improving organizational performance and stakeholder value.  

    CSIA’s membership includes sixteen national representative bodies (including the US and Canada) and represents approximately 70,000 corporate secretaries and governance professionals in more than 70 countries around the world.   CSIA members serve in a wide range of governance, managerial/executive and financial roles, including corporate secretary, chief governance officer / executive, legal counsel, ethics and compliance officer, enterprise risk manager, finance manager and professional administrative manager.

    Recognized by OECD as the “global voice” of corporate secretaries and governance professionals,[This is a fairly big statement – can we reference it to something? Not in the letter but in the background just in case.]  CSIA is the only organization [Ditto re background reference/facts] representing the corporate point of view on global governance issues today.  CSIA is uniquely positioned to speak about what constitutes good corporate governance.  Corporate secretaries serve on the “front line” of corporate governance: they are in the boardrooms every day, and have the responsibility, specialized knowledge and experience to ensure board processes are effective and the board receives accurate, relevant, complete and sufficient information and advice to make effective decisions.  

    As described below, CSIA is actively engaged in promoting best practices in corporate governance, through 1) Networking on a global basis, 2) Educational conferences and roundtables, 3) Publications, 4) Advocacy and 5) Thought Leadership:

    Networking. The meetings of CSIA’s Executive Committee and Council, as well as its conferences and roundtables, provide global forums for networking and sharing information on best practices and global trends in corporate governance. 

    Education: CSIA has sponsored and participated in international conferences and roundtables in Shanghai, Sydney, Kuala Lumpur, Hong Kong, New Delhi, Sao Paolo, Dubai and New York (and Johannesburg in October, 2015).   Responding to strong demands in emerging markets, CSIA has developed, with the International Finance Corporation (IFC), “The Corporate Secretary’s Toolkit”, which is being used to train corporate secretaries in emerging markets and developing countries around the world.

    Publications: Among CSIA’s publications are: 1) “Twenty Practical Steps for Better Corporate Governance”, authored by Professor R. I. (Bob) Tricker (2010), 2) “Governance Principles for Corporate Secretaries“ (2013), 3) the aforementioned “Corporate Secretaries Toolkit” (2014) and 4) “Shareholder Engagement – Practical Steps for Corporate Secretaries” (2015).   CSIA also publishes an e-Magazine: “Global Governance Voice”, which contains, not only feature articles on significant topics in corporate governance, but also governance news from CSIA member countries.  Links to these documents are found on this website. 

    Advocacy: In June, 2012, CSIA petitioned the World Trade Organization to add a new trade sector classification for “corporate governance, compliance and secretarial advisory services” to their list, in recognition of the separate identity and increasingly significant role played by these professionals on a global level. CSIA is working to achieve broader recognition of the corporate governance professional’s role among worldwide organizations, such as the WTO, ILO, OECD, IFC, the World Bank, the EU and the United Nations.

    Thought Leadership:  CSIA’s Thought Leadership Task Force develops position statements on significant corporate governance topics and issues practical guidelines based on the experience of corporate secretaries throughout the world.  “Shareholder Engagement: Practical Steps for Corporate Secretaries” was the most recent such publication  , introduced in a global webinar in April, 2015.  The next thought leadership initiative will address the topic of effective board communications, including the use of technology to enhance such communications.

    CSIA is actively seeking new member organizations in countries that are not currently represented among our membership (e.g., Europe, South America).  Eligibility for membership is not limited to organizations of corporate secretaries, so long as the association focuses on corporate governance in its broadest sense.  Please contact me via katherinekcombs@gmail.com if you would like to know more.

    I am honored to serve as the President of CSIA.  After spending nearly thirty years working in this field in the United States, I am delighted to have the opportunity to meet and collaborate with so many others who are committed to good corporate governance throughout the world.

    Sincerely

    Katherine K. Combs

    President (2015)


  • 05 Sep 2014 3:05 PM | CSIA (Administrator)

    Computershare (ASX: CPU) today announced it has signed a further sponsorship agreement with the Corporate Secretaries International Association (CSIA).
    Launched at the World Bank headquarters in Paris on 22 March 2010, with Computershare as the founding sponsor, CSIA is an international federation of professional bodies which promotes best practices in corporate governance, compliance and secretarial advisory services.
    With 19 members covering more than 80 countries and over 100,000 governance professionals, the CSIA aims to promote good governance practices and enhance the profile of the professionals who serve as corporate secretaries and in other governance roles.

    Computershare is a global market leader in transfer agency and share registration, working on a daily basis with the thousands of companies and professionals that the CSIA represents.

    Stuart Irving, Computershare CEO and President, said “We recognise the value the CSIA brings to governance around the globe and are pleased to be renewing our sponsorship of the organisation, enabling the CSIA to continue to drive forward its governance agenda. We’ll be working with the CSIA to further the issues that are important to company secretaries the world over – including transparency, communications and voting.”

    Computershare’s sponsorship of the CSIA covers the next 12 months, and will see the two organisations working together in many global locations.



    About Computershare Limited (CPU)
    Computershare (ASX: CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialise in corporate trust, mortgage, bankruptcy, class action, utility and tax voucher administration, and a range of other diversified financial and governance services.

    Founded in 1978, Computershare is renowned for its expertise in high integrity data management, high volume transaction processing and reconciliations, payments and stakeholder engagement. Many of the world’s leading organisations use us to streamline and maximise the value of relationships with their investors, employees, creditors and customers.

    Computershare is represented in all major financial markets and has over 14,000 employees worldwide.

    For more information, visit www.computershare.com


    About The CSIA
    The CSIA is an international, not-for-profit federation of professional bodies that promotes best practice in corporate secretarial, corporate governance, and compliance services. It represents those who work as frontline practitioners of governance throughout the world.

    CSIA is recognized by The Organisation for Economic Co-operation and Development (OECD) as the global voice of this industry and its representatives sit on OECD corporate governance roundtables.

    CSIA’s mission is ‘to develop and grow the study and practice of Secretaryship to improve professional standards, the quality of governance practice, and organisational performance’. CSIA partners with key agencies such as the World Trade Organisation and the International Finance Corporation to achieve this.

    For more information, visit www.csiaorg.com

  • 16 Apr 2014 3:20 PM | CSIA (Administrator)

    香港,2014  4  16   代表全球公司秘書及企業管治人員之聲的公司秘書國際聯合會今日

    推出與世界銀行集團成員國際金融公司聯合開發的市場期待已久的公司秘書工具包。

     

    全新的公司秘書工具包於公司秘書國際聯合會在香港的首次活動上推出。該活動匯聚了國內外

    公司及公司秘書並探討影響全球企業管治的最新議題。

     

    該工具因應新興市場各公司及組織對企業管治培訓和技能的強烈需求而開發,其中提供的培訓

    材料全方位涵蓋了公司秘書角色、職能、責任等各個層面內容。

     

    公司秘書國際聯合會會長 Carina Wessels 女士表示道:公司秘書一職對公司至關重要。他們為在公司架構內各個領域如公司業務及企業文化等實施良好管治起到了積極促進的作用。鑒於公司秘書一職日益重要且職責更為寬廣,對公司秘書思維國際化和隨機應變能力的需求更為迫切。

     

    Carina Wessels 女士補充道:該工具書是為從公司秘書層面提高企業管治水平而設的跨文化和

    極具啓發性的培訓材料。

     

    協助新興市場推動企業管治改革的的國際金融公司全球企業管治論壇的負責人 Philip Armstrong 先生說:隨著新興市場經濟的不斷現代化,我們正處於新興市場企業管治的一個關鍵節點。公司秘書國際聯合會作為企業管治及國際最佳操守的權威之聲和推動新興市場公司秘書角色進程發展的主導力量體現了巨大的價值。

    媒體查詢: Silke Marsh

    Silke.marsh@artemisassociates.com

    +852 9128 9144

    +852 2861 3274

  • 16 Apr 2014 3:18 PM | CSIA (Administrator)

    Hong Kong  16 April, 2014: The Corporate Secretaries International Association (CSIA), the global voice for corporate secretaries and governance professionals, today launched its much anticipated Corporate Secretaries Toolkit, developed in partnership with the International Finance Corporation (IFC), a member of the World Bank Group.

    The new toolkit was unveiled at the CSIA’s first Hong Kong-based event, bringing together local and international companies and corporate secretaries to discuss the latest issues affecting corporate governance globally.

    The toolkit provides training materials covering the full spectrum of a Corporate Secretary’s role, functions and responsibilities and was developed in response to strong demand from companies and organizations in emerging markets for training and skills development in corporate governance.

    “Corporate Secretaries play a critical role in companies. They are a catalyst for implementing good governance across all areas of a company’s structure, including business practices andorganizational culture. Given the increasing breadth and importance of the role, the need for a globally minded and dynamic approach to Corporate Secretarial ability has become more essential,” said Carina Wessels, President of CSIA.

    “The toolkit has been designed as a cross-cultural, thought provoking training material to promote corporate governance from the perspective of Corporate Secretaries, she added.

    Philip Armstrong, Head of the IFC’s Global Corporate Governance Forum, which supports the development of corporate governance reforms in emerging markets, noted, “We are at a pivotal point in corporate governance in emerging markets right now as their economies continue to modernize. The role of the CSIA is hugely valuable as a leading voice on corporate governance issues and international best practice, and as a driving force behind the development of the Corporate Secretaries’ role in these markets.

     End – 

    For media enquiries please contact:

    Silke Marsh

    Silke.marsh@artemisassociates.com

    +852 9128 9144 +852 2861 3274

    About the Corporate Secretaries International Association (CSIA)

    The CSIA is an international, not-for-profit federation of professional bodies that promote best practice in corporate secretarial, corporate governance, and compliance services.

    It is the international federation of national bodies of corporate secretaries and governance professionals and represents those who work as frontline practitioners of governance throughout the world. It is recognized by the OECD as the global voice of this industry and its representatives sit on OECD corporate governance roundtables. For more information, visitwww.csiaorg.com

    About the Global Corporate Governance Forum

    The Global Corporate Governance Forum, a group within the IFC, supports corporate governance reforms in emerging markets and developing countries. The Forum develops advanced knowledge and training products promoting good practices in corporate governance and facilitates capacity building of director training organizations engaged in implementing corporate governance reforms.

    The Forum partners widely with international, regional and local institutions, and draws on the guidance of its global network of private sector advisors and academic research network.
    The Forum is part of the IFC Corporate Governance Group, located in the Environment, Social and Governance Department. It is a donor-supported facility, co-founded in 1999 by the World Bank and the Organisation for Economic Co-operation and Development (OECD).

    CSIA thanks CLP Holdings Ltd for its global sponsorship of the CS Toolkit. Launch Gold sponsors are Broadridge, Computershare, and Thomson Reuters Accelus; BoardVantage support as Lanyard sponsors. 

  • 09 Jan 2014 3:10 PM | CSIA (Administrator)

    Although much has been written on the traditional role and key responsibilities of a corporate secretary, this is probably no longer sufficient to fully prepare an individual for the enormous task undertaken. The role of the modern corporate secretary has changed and this is both undisputed and understated. The corporate secretary’s role has rapidly evolved in many markets to well beyond what it was a decade ago, let alone five years ago, and is a role increasingly recognised as an important part of the corporate governance framework in many markets where the role was not known some years ago. This paper looks at some of the aspects of the role of the modern company secretary and the competencies that are required to succeed.

    This precedes our upcoming toolkit for Corporate Secretaries which was launched in Hong Kong at a joint ceremony with our partner, Corporate Secretaries International Association [CSIA], hosted by the Hong Kong Institute of Company Secretaries [HKICSA] in April this year.

    Additional copies can be obtained on request or downloaded from:

    http://www.ifc.org/wps/wcm/connect/topics_ext_content/ifc_external_corporate_site/

    global+corporate+governance+forum/publications/private+sector+opinion/the+company+secretary+as+polymath
  • 10 May 2013 1:07 PM | Anonymous

    The corporate secretaries toolkit training workshop was held from 7-10 May 2013 at the Chartered Secretaries Southern Africa office in Johannesburg. The workshop was attended by 21 delegates from 17 countries. 

    As part of the CSIA corporate secretaries toolkit roll out plan, the Global Corporate Governance Forum (GCGF) organised a four-day training of trainers programme targeted at professionals training corporate secretaries with the following goals in mind: 

    To enhance corporate secretary training capacity by helping participants become familiar with the toolkit and learning how to use these resources.  Participants developed the knowledge base and skill sets needed to lead corporate secretary education programmes that reflect international best practice adapted to regional trends and country specific needs.

    To elicit from participants their views and comments on the materials, which have been developed. 

    The pilot training, which comprised four days of intensive training, provided trainers with input, case studies and activities to develop corporate secretary skills.  The programme encouraged participants to share and discuss their own experiences and hone their methods for using adult learning techniques.  The training was not a corporate governance course but a training of trainers using the corporate secretaries toolkit. Some readers may be familiar with the directors’ toolkit which has been around for the past few years.

    List of Modules

    PART 1: OVERVIEW

    • The Company Secretary: A Catalyst for Governance
    • The Company Secretary: Foundations of the Job

    PART 2: GOVERNANCE AND COMPLIANCE

    • Delegation
    • Board Composition and Succession Planning
    • Board Evaluation
    • Effective Board Meetings
    • Board Dynamics at Meetings
    • Share Registration and Dividends
    • Board Directors
    • Shareholders
    • Corporate Finance

    PART 3: ADVISOR AND COMMUNICATOR

    • Strategy: Development and Evaluation
    • Risk and Business Continuity Planning
    • Building Ethical Cultures
    • Good Citizenship (CSR)
    • Integrated Reporting
    • The Company Secretary: The Board’s Communicator
    • Annual General Meetings
    • Leading Change and Influencing

    COUNTRY

    PARTICIPANT

    PROFILE

    CSIA Members



    Bangladesh

    Itrat Husain

    Council member, Institute of Chartered Secretaries of Bangladesh

    China

    Mohan Datwani

    Director, Technical & Research, The Hong Kong Institute of Chartered Secretaries

    India

    Sutanu Sinha

    CEO, The Institute of Company Secretaries of India

    Malaysia

    Cheah Foo Seong

    Chief Technical Officer, Tricor Corporate Services

    Pakistan

    Asif Mahmood

    Vice President, Institute of Corporate Secretaries of Pakistan

    Singapore

    Chiang Chai Foong

    Practising Chartered Secretary, AZEC Worldlink Management Services

    Southern Africa

    Carina Wessels

    Vice President, CSIA;  President, Chartered Secretaries Southern Africa

    United Kingdom

    Andy Cowe

    Chairman, Professional Standards Committee, ICSA

    Zimbabwe

    Pious Manamike

    President, ICSA, Zimbabwe

    IFC Members



    Brazil

    Giselia Da Silva

    Corporate Governance  Manager and Company Secretary, CPFL Energia Group

    Kazakhstan

    Gradislava Akhmetova

    Chairperson, Club of Corporate Secretaries of Central Asia

    Malawi

    Nina Pakezi

    Grad.ICSA and pursuing LLM in International Corporate Governance and Financial Regulation at the University of Warwick

    Mauritius

    Ambrish Maharahaje

    Executive Secretary, Mauritius Institute of Directors

    Russia

    Tatiana Ivanova

    Deputy Project Manager, Russia Corporate Governance Projects at IFC

    Uganda

    Rita Kabatunzi

    Head of Legal, Compliance and Risk, New Vision Printing & Publishing Company Ltd

    Trainers



    Uganda

    Alison Dillon Kirbirige

    Managing Director, Consultancy & Training Services Ltd

    USA

    Brenda Bowman

    Specialist in adult learning and professional development

    Organisers



    Singapore

    Grace Tan

    CSIA Toolkit Co-ordinator;  Treasurer, CSIA;   CEO, Singapore Association of Chartered Secretaries and Administrators

    Southern Africa

    Stephen Sadie

    CEO, Chartered Secretaries Southern Africa

    USA

    Philip Armstrong

    Head, Global Corporate Governance Forum/IFC

    USA

    Ghita Alderman

    Co-ordinator, IFC Environment, Social and Governance Department


    The delegates enjoyed their time in South Africa and got to spend quality time with their fellow colleagues. CSSA organised a dinner for the group one evening, which was a relaxed, enjoyable evening.  Many thanks to all those who attended the meeting. We look forward to the launch of the corporate secretaries toolkit later this year.



    Front Row: Gradislava Akhmetova, Nina Kapezi, Ghita Alderman, Grace Tan, Andy Cowe, Rita Kabatunzi, Asif Mahmood, Ambrish Maharahaje, Giselia Da Silva, Brenda Bowman, Carina Wessels, Pious Manamike, Itrat Husain

    Back Row: Sutanu Sinha, Mohan Datwani, Stephen Sadie, Philip Armstrong, Chai Foong Chiang, Alison Dillon Kibirige, Tatiana Ivanova, Foo Seong Cheah





  • 06 Apr 2013 7:00 PM | Anonymous
    Following the success of the inaugural International Corporate Governance Conference (ICGC) held in Shanghai in 2011, the Corporate Secretaries International Association (CSIA) held its 2nd ICGC in New Delhi on 5-6 April 2013 with the theme 'Corporate Governance for Sustaining Prosperity and Posterity'.

    About the Conference:

    Corporates are the modern engines of growth and development. They need to be governed in harmony with nature while balancing the interests of various stakeholders. Their governance holds the key to sustain prosperity of the society and the economy as well as the posterity on the earth. The corporate secretaries, being the in-house governance professionals, have a bounden duty to promote and nurture governance standards in the corporates. The challenges are many. This conference addressed some of the challenges and the way forward.
    View Full Agenda of the Conference

    Videos of the Conference:

    Inaugural Session

    1st Session - Responsible Investment and Responsive Business

    2nd Session - Sustainability Reporting - Beyond Disclosures

    3rd & 4th Session - The Journey from CS to CGO, Corporate Spirit and Spirituality

    5th Session - Convergence of Corporate Governance and Market Governance

    Key Takeaways and Concluding Remarks

    Powerpoint slides of the Presentations at the Conference:

    Session 1 - Responsible Investment and Responsive Businesses
    Session 1 - Responsible Investment and Responsive Businesses - SES
    Session 2 - Sustainability Reporting - Beyond Disclosures
    Session 2 - Sustainability Reporting - Beyond Disclosures - L&T
    Session 3 - The Journey - from CS to CGO
    Session 5 - Convergence of Corporate Governance and Market Governance
    Session 5 - Convergence of Corporate Governance and Market Governance - Trade in professional services


    Photos from the conference can be found HERE.

  • 20 Jul 2012 3:23 PM | CSIA (Administrator)

    CORPORATE SECRETARIES INTERNATIONAL ASSOCIATION (CSIA) STATES ITS CASE TO THE WORLD TRADE ORGANISATION (WTO) FOR INCLUSION OF US$36 BILLION BUSINESS SECTOR IN WTO TRADE IN SERVICES LISTINGS

    CSIA today reported that a delegation of its members made a presentation before the Committee on Specific Commitments of the World Trade Organisation (WTO) on June 25, 2012 in Geneva, Switzerland to include a new listing in the Trade in Services business classification listings by the name of ‘CORPORATE GOVERNANCE, COMPLIANCE AND SECRETARIAL ADVISORY SERVICES’. CSIA claims this sector is worth US$36 billion annually.

    CSIA was invited to make a presentation before the Committee for Specific Commitments of WTO. Accordingly a delegation of CSIA representatives went to Geneva for the presentation.

    The CSIA delegation consisted of Mr. Anil Murarka, President of CSIA and Past President of the Institute of Company Secretaries of India (ICSI); Mr. Nesar Ahmad, President of ICSI; Mrs. April Chan, Past President of both CSIA and The Hong Kong Institute of Chartered Secretaries; Mr. Phillip Baldwin, Chief Executive of The Hong Kong Institute of Chartered Secretaries; Ms. Edith Shih, President of The Hong Kong Institute of Chartered Secretaries and; Mr. Russell Morrice, Head of Secretariat and Clerk to Council of The Institute of Chartered Secretaries and Administrators (UK).

    “This was truly a global initiative by a global organisation that we believe will benefit world trade,” said Mr. Anil Murarka, President of CSIA.”While the delegation was limited to those members from Hong Kong, the United Kingdom and India we were representing all 18 national bodies of corporate secretaries and governance professionals that make up the membership of CSIA. All of them played a part by lobbying their national governments prior to the presentation.”

    July 20, 2012

    He added “The challenge now is to keep the momentum going. CSIA is adding members all the time and each new member adds their voice and weight to the inclusion of this US$36 billion business sector which can grow even faster if it has official recognition by the WTO. The world needs more trade and CSIA is of the opinion that official recognition of corporate governance, compliance and secretarial advisory services by the WTO will stimulate growth by more than US$1.5 billion per annum as well as help improve international corporate governance standards.”

    The creation of this new classification was one of the CSIA initiatives the organisation has been pursuing since its launch in March 2010. The proposed new service head would include the following sub-heads:

       Corporate Governance Services

       Assimilation of Core Values, Ethics and Integrity

       Corporate Secretarial Services

       Secretarial Audit and Compliance Audit Services

       Certification Services

       Corporate Advisory Services “It was a big day for CSIA. We are a young organisation but growing almost daily in terms of members,” Mr. Murarka continued, “Corporate secretaries and governance professionals are distinct professionals who take the lead on corporate governance issues within their own organisations. The recognition of a new sectoral heading will provide such formal recognition of this profession” The inclusion of new service head will facilitate the rendering of Services by the professionals under Mode 3 & Mode 4 of the Supply of the services specified under the GATS. The CSIA position is that during the last decade the concept of corporate governance has significantly evolved around the world and therefore there is a need to establish a separate identity for the corporate governance services at a global level by seeking a separate heading in the WTO service sectoral classification list which was created way back in 1991 when the concept of corporate governance was not much prevalent as in the present scenario.

    At the meeting of WTO’s Committee for Specific Commitments encouraging remarks were made to the CSIA proposal by the Country representatives to WTO from China, Hong Kong, India, Nigeria, Malaysia and Zimbabwe.

    At a separate meeting, South Africa & Indonesia representatives also made encouraging remarks to the CSIA proposal.

    The Chairman of WTO’s Committee for Specific Commitments concluded CSIA item by noting the interest and supporting remarks of country representatives and agreeing that the proposal may be an item for further discussion.

    About CSIA

    Corporate Secretaries International Association (CSIA) is a Geneva based Global Body of Corporate Secretaries and Governance Professionals which was launched in March 2010. It consists of 18 member institutes from Australia, Bangladesh, Canada, Hong Kong, India, Indonesia, Kenya, Malaysia, Mongolia, New Zealand, Nigeria, Pakistan, Singapore, South Africa, Sri Lanka, UK, USA, Zimbabwe.

    CSIA is dedicated to promoting the values and practices of governance professionals such as qualified chartered secretaries, corporate secretaries, company secretaries and board secretaries who are at the frontline of governance.

    The founder members of CSIA are Chartered Secretaries Australia Limited, The Hong Kong Institute of Chartered Secretaries, The Institute of Company Secretaries of India, The Malaysian Institute of Chartered Secretaries and Administrators, The Singapore Association of Institute of Chartered Secretaries and Administrators, Chartered Secretaries Southern Africa, The Institute of Chartered Secretaries and Administrators-UK, The Institute of Chartered Secretaries and Administrators in Zimbabwe.


    (Nesar Ahmad) 

  • 08 Jun 2012 3:25 PM | CSIA (Administrator)

    For the Creation of a New Separate Heading in the Services Sectoral Classification List To be Titled:

    Corporate Governance, Compliance and Secretarial Advisory Services

    To view this proposal, please click the link below:

    12 06 08 CSIA Application to WTO FINAL.pdf

    12 06 13 CSIA Application to WTO FINAL (French).pdf

    12 06 13 CSIA Application to WTO FINAL (Spanish).pdf

    12 06 25 WTO New Class CSCSAS presentation.ppsm

  • 12 Feb 2012 3:27 PM | CSIA (Administrator)


    Washington, DC, February 2012 - The Corporate Secretaries International Association (CSIA) and the Forum launched the development of the Corporate Secretary Training Supplement through a four-day workshop involving the project’s working-group members from seven countries.

    As the board’s 'conscience,' a corporate secretary has a key role in shaping how a board-and the company-is governed. Corporate secretaries provide counsel on best practices, oversee corporate disclosures of financial information, ensure that board directors are fully informed, and often work closely with stakeholders.

    The training supplement will cover the role of corporate secretaries in corporations, family-owned or family-controlled companies, and state-owned enterprises. It will examine the corporate secretary’s value in improving a company’s performance through better governance. The supplement also will explore the secretary’s core responsibilities-as communicator, board advisor, and compliance officer. The final section will look at the emergence of independent practitioners in providing audits of corporate secretaries’ roles and performance as well as other consulting services. Throughout the supplement, the emphasis will be on examples and practical insights.
    The supplement will be modeled on the Forum’s highly successful Board Leadership Training Resources Toolkit, which has pioneered adult-learning methodologies to train trainers, who, in turn, train board directors. “This project will benefit from more than three years of experience by the Forum in helping train directors in more than 50 countries,” says Ghita Alderman, a Forum projects officer. “The CSIA’s global network will support the supplement’s contents, particularly in providing practical insights and advice that participants in our training have found invaluable.”

    In raising awareness of the role of corporate secretary-among boards, institutes, and government officials-the supplement will help boards that currently have no corporate secretary establish this role. It will also serve to further develop the role where secretaries are already in pace but underused.

    “Advancing good corporate governance must include corporate secretaries as part of efforts to build board capacity in the emerging market and developing countries,” says Philip Baldwin, chief executive officer of the Hong Kong Institute of Chartered Secretaries and CSIA’s representative. “Corporate governance must be a core competency of corporate secretaries.”

    In Detail: Corporate secretaries have a central role in corporate governance through their performance of the following responsibilities:

    • Manage governance processes, including board and committee meetings, information flowing to and from directors, new director orientation, strategic planning, and public disclosures.
    • Arrange and manage the process of calling and holding annual, general, or special meetings, and advise the board on matters to be raised at the meeting for shareholder vote.
    • Assess and manage compliance with corporate governance laws, regulations, and practices.
    • Review legal and regulatory developments affecting the company’s operations, including listing rules, and ensure that directors are properly informed.
    • Ensure statutory compliance.
    • Act as a sounding board for the chairman and directors on corporate governance matters, and provide counsel.
    • Engage with stakeholders to ensure that their views are heard by the board and to relay board decisions.
    • Manage investor relations concerning corporate governance issues.
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