IFC Strengthens Corporate Governance Practices in Azerbaijan
OREANDA-NEWS. February 03, 2011. IFC, a member of the World Bank Group, is conducting workshops to help private service companies in Azerbaijan develop corporate governance knowledge to pass on to their clients, which in turn will be better able to attract investment.
IFC’s Corporate Governance Methodology Workshops employ a comprehensive set of practical tools, including case studies.
"This training is building local expertise in corporate governance, which is essential for companies to be able to grow sustainably, operate efficiently and remain competitive,” said Caroline Bright, Project Manager for IFC’s Corporate Governance Project in
A recent workshop gathered 13 representatives from nine management consulting firms, law firms, accounting firms and other professional entities. Participants gave very positive feedback on the session.
“We really appreciate this training opportunity provided by IFC, and look forward to more training like this in the future,” said Rufat Mahmud, Executive Director of Azerbaijan Risk Professionals’ Association.