IFC PROJECT HOLDS WORKSHOP ON CORPORATE IN NORTHERN REGION
The International Finance Corporation (IFC, a member of the World Bank) organized workshop on Corporate Governance in Guba District, north Azerbaijan, on Thursday.
The IFC project told Trend representatives from 30 companies participated in the seminar held for members of the observation boards and member of the management boards of the joint stock companies.
Charles Kenfield, told the event that the key objective of the event held in the cities near to Baku was spread of high-quality corporate governance experience in the territory of Azerbaijan, as well as attraction of investments to the Azerbaijani JSCs and establishment of terms for increase of efficiency of their activities.
"We believe that the improvement of the experience of corporate governance in the companies and banks will make Azerbaijan more transparent and open for business circles and as a result give impetus to the development of the private sector in Azerbaijan,вЂќ Kenfield said.
The similar seminars were held earlier in Ganja on 11 May, in Lankaran вЂ" 22 June and in Nakhchivan вЂ" 9 August.