7th Annual Meeting

Seventh Annual Development Finance Institutions Meeting on Corporate Governance

“Meeting on the implementation of the Corporate Governance Development Framework”

Date: 6-8 February 2013
Location: Manila, Philippines
Host Institution: ADB

The conference had three objectives:
• To review the status of implementation of the Corporate Governance Development Framework amongst the signatories
• To agree on the next steps and actions to further drive the implementation process of the Framework
• To welcome two new signatories to the Framework, bringing the total to 31

Main Outcomes
The following key recommendations were formulated:
• Continue to organise an annual meeting as the key learning platform and network event to review the results of the prior year and focus on future actions;
• Develop a governance charter of the current working group to coordinate the network of signatories and drive the implementation of the Framework;
• Enhance the already existing Website to become the central communication tool for knowledge sharing and networking;
• Develop knowledge sharing and cooperation especially in the area of Training (seminars/workshops for internal staff, Nominee Directors or Boards of Investee Companies, exchange of teaching material);
• Streamline reporting formats and processes;
• Continue the work on the Business case for CG (a selected Group of DFI, coordinated by BSTDB).