ADFIAP presents Corporate Governance project to CIPE Partners in Asia

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During the Center for International Private Enterprise (CIPE) Partner Conference on “Governance and Anti-Corruption” held on January 27-28, 2010 in Makati City, Philippines, ADFIAP, represented by its Secretary General, Octavio B. Peralta, presented the program of activities and results of its multi-year CIPE-supported project themed, “DFIs for Corporate Governance” project.

The capacity-building project is ADFIAP’s response to the growing need of its member-DFIs in the Asia-Pacific region for the implementation of good corporate governance policies and practices in their respective institutions by learning from experiences of fellow members as well as from those in other parts of the world.

The project started in 2002 with an awareness and orientation campaign on corporate governance issues (Phase 1) and then proceeded to developing a corporate governance “scorecard” for development banks and other financial institutions (Phase 2). It subsequently focused on expanding the role of the bank’s compliance officer to cover governance matters (Phase 3) and then linked governance with sustainable development (Phase 4). In its final stage, the project tackled risk management within the framework of corporate governance (Phase 5). For more information on the project, please visit www.governance-asia.com.

About 30 participants from CIPE-partner think-tanks, learning institutes, chambers of commerce and industry, associations and the private sector from China, Indonesia, Mongolia, Pakistan, Thailand and the Philippines attended the event to exchange respective experiences on initiatives concerning corporate governance reforms and anti-corruption measures. The event also afforded the participants to network with each other, cooperate for future projects, know more of CIPE’s programs and advocacies, and relate with CIPE on project impact and sustainability.

CIPE www.cipe.org was represented by its Executive Director, Dr. John D. Sullivan, Deputy Director for Programs, Jean Rogers, Regional Director for Asia, John Callebaut and Program Officer for Asia, John Morrell. CIPE strengthens democracy around the globe through private enterprise and market-oriented reform. CIPE is one of the four core institutes of the National Endowment for Democracy. Since 1983, CIPE has worked with business leaders, policymakers, and journalists to build the civic institutions vital to a democratic society.

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