ABOUT THE PROGRAM
The Director Certification Program (DCP) is the country's first-ever formal director training program with certification. The Program is part of the Myanmar Institute of Directors' Learning Series and content is developed by Singapore Management University's well-known Executive Program with MIoD as its local partner, where we aim to deliver executive training to a network of public and private sector leaders in Myanmar.
This unique 3 full days in-person program is set within an Asian business context and provides a well-rounded board-level view of key strategies and focal issues facing many companies in Myanmar.
This Program reviews the Myanmar Companies Act (MCL) in the context of Directors' roles and responsibilities including the regulatory requirements that Directors are required to follow as prescribed by the law. Per MCL, the Director's liability is a very new concept in Myanmar, and the participants will hear about how to mitigate this.
Review of key challenges Myanmar companies are facing today while implementing a strong corporate governance structure in place to attract more foreign direct investment into Myanmar. The participants will also look at family governance especially succession planning by reviewing case studies of well-known families in Asia.
Directors also need to understand the story behind the numbers, financial statement analysis, and benchmarking of key financial indicators and ratios which are critical in understanding the financial health of companies, as well as a review of well- known financial frauds and the lessons that Directors can learn from these past case studies.
This course will be very interactive with reviews of many case studies around Asian countries to enforce key learning points and engagement with fellow participants and trainers through work examples to upskill and equip the Directors of Myanmar companies with knowledge and ability to lead in the ever-changing times of Myanmar business landscape.
PROGRAM OBJECTIVES
- To understand the role of company directors and how they can serve the company more effectively.
- To understand the Myanmar Companies' Act and how this effects the role of Directors under this regulation.
- To understand the decision-making mechanisms in terms of evaluating return of equity and internal controls.
- To understand the importance of corporate governance and its impact on financial health of the company and shareholder value.
- To understand succession planning in the context of family governance and board composition.
*Certified directors will attain 8 Continuing Director Education (CDE) credits.
Note: Participants who have attended courses such as Governance for Directors, Finance for Directors programs will be provided with discounts for the DCP.
The sub-modules previously attended will count towards the DCP credit, allowing the participant to skip these modules during the DCP or attend them as refresher.
WHO SHOULD ATTEND
- Aspiring, newly-appointed, or current board members.
- Senior management of corporations, the public sector and non-profit organisations.
- Senior partners of professional firms who interact with boards and would like to understand the intricacies of directors' roles and responsibilities.
CURRICULUM CONTENTS
LANGUAGE
Myanmar and English Language Program
PROGRAM DURATION
- 3 full days of In-Person
- November 17, 18 and 19, 2023 (8:00 am – 5:30 pm)
DELIVERY
- Classroom lectures & case studies
- Final exam
- Director Certificate
COST
MMK 1,800,000 for non-members (net of taxes and bank charges)
- 20% discounts (Professional member)
- 50% discounts (Certified member)
- 20% discounts (Corporate member)
Please register by November 10, 2023.
This program is open to non-MIoD members as well. Please feel free to forward to your network.
To register, please contact Myanmar Institute of Directors at trainingandevent@myanmariod.com and +95 9 400 151 419 and +95 9 427 363 904.