Effective Board Director Programme2021-07-19T16:04:01+00:00

Effective Board Director Programme

ENVISIA-Boards of Elite and Bucharest Stock Exchange have joined their forces in an educational partnership to promote responsible governance that creates value and further professionalizes the role of the board director.

They launched together the first Programme especially designed for listed companies and capital market stakeholders:

“CORPORATE GOVERNANCE THAT CREATES VALUE:
EFFECTIVE BOARD DIRECTOR PROGRAMME”

ENROLL NOW
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PROGRAMME OVERVIEW

The Programme raises the awareness on the understanding of the corporate governance law & practice in a national and international context.

Although many responsibilities look the same, being a board director is a very different role from being an executive director. To successfully carry out a board mandate, directors must have a broad overview of the company’s operational activities, its governance structure and a deep understanding of its strategic direction and exposure to risk.

While program is designed for companies listed or prepared to be listed, it well suits to Directors in financial institutions.

WHO SHOULD ATTEND

  • Board Members from listed companies and companies acting in capital markets
  • C-Suite level: (CEOs, CFOs etc)
  • Advisory Board Members
  • Member of the Boards of start-up companies
  • Boards of medium to large sized firms dominated by a single owner or family ownership
  • Investors
  • Company Secretaries
  • Professionals working closely with the boards of big companies and listed companies and that aspire to get a board position: financial analysts, lawyers, tax specialists
  • Experienced board members who are in need of a “refresher” from across the private, public and third sectors.

PROGRAMME EXPERIENCE

  • Context and legal framework
  • Types of Board & Membership categories
  • Role, responsibilities and accountability in and within the Board

2.1 STRATEGY

  • Boards and Value Creation
  • The Structure Challenges
  • Managing Risk (Challenges & Oversight)
  • Evaluation Future Opportunities

2.2 FINANCIAL OVERSIGHT

  • Financial Planning and Accounting Policies
  • Internal controls and sensitive operations

2.3 STRATEGIC HUMAN RESOURCES

  • Board composition and appointment. Executive management succession/recruitment
  • Remuneration of directors and executives
  • Company HR policies

2.4 DELEGATION OF AUTHORITY

  • Delegation of authority: Duties
  • Delegation of authority: Accountability/Board members liability
  • Managing your own risk: D&O liability insurance policy

2.5 EXECUTIVE TEAM ACTIVITY: OVERSIGHT, REPORTING

  • Compliance. Supervision of management duties fulfillment
  • Annual Reporting, Financial and Fiscal Reporting and External Audit
  • Annual Reporting, Non-Financial Reporting and External Audit

2.6 SAFEGUARDING VALUES AND PRINCIPLES

  • Code of Conduct (integrity, forbidden transactions, conflict of interest, insight trading. Shareholders rights, equal treatment
  • Whistleblowing Policy

3.1 EFFECTIVE PEOPLE: BOARD EVALUATION AND SUCCESSION

  • Getting on Board
  • Performance evaluation of the Board & Executives
  • Board remuneration and evaluation – from a legal perspective

3.2 EFFECTIVE PROCCESSES: BOARD COMMITTEES & MEETING ACTIONS

  • Board meeting processes and actions
  • Board Committees – CNR
  • Board Committees – Audit

3.3 EFFECTIVE DECISIONS: BOARD INFORMATION AND BUSINESS INTELIGENCE

  • Effective decision-making in the board
  • Business Intelligence as a support for decision making process
  • Overview of the Listing Process

3.4 EFFECTIVE RELATIONSHIPS: BOARD MEETING DYNAMICS

  • Internal and External Communication
  • Managing complex relationship with stakeholders
  • Board – CEO relationship; dynamics and conflicts in the board
  • Mandatory Disclosures and Transparency
  • ESG Principles
The Programme will be delivered by a team of lecturers/facilitators, who are high caliber professionals in the respective areas.

Lecturers/facilitators will follow a standard study material in “ppt format” that includes a range of navigational, business cases and illustrative features aiming to ensure interaction with participants.

During the study period there will be 6 milestones of progress: 5 online / offline group meetings and the capstone exam consisting in a board meeting simulation.

The Evaluation Committee will include 3-5 members of the boards representing the Bucharest Stock Exchange, and members from relevant regulatory bodies and industry representatives, and Envisia – Boards of Elite.

On the successful completion of the Programme, Envisia – Boards of Elite and Bucharest Stock Exchange will issue The Diploma of Excellence in Boards and Governance for Capital Markets and Listed Companies.

APPLICATION PROCESS

Entry requirements

  • A good BA degree (or equivalent) or a Master’s degree

  • Organizational leadership/board experience, or at least three years’ senior management experience with board-level access

  • One referral from a Board of Director’s level or top management

  • Access to a live board-level governance challenge

  • Fill in the Application Form (online)
  • Upload  Your CV in Romanian (in the Application)
  • Copy/scan of the official qualification diploma / certificate

This section is currently in the process of being updated. Stay tuned.

Enrollment period start

  • 15th of July, 2021

End of enrollment period

  • 30th of September, 2021

Start of the Programme

  • 13th of October, 2021

Program Fee :  €6,000 *
Early Bird for registration and payment as follows:

  • By the 1st of August – 10%
  • Until the 1st of September – 5%
  • Subsequent 3% group discount applies to minimum 3 applicants within the same company
*VAT applicable
Enroll now!

WHO WILL BE TEACHING?

FACILITATORS AND GUEST SPEAKERS (among others, in alphabetical order)

  • Prof. Andrew Kakabadse – Chair Envisia Board of Directors, Chair Henley Directorate Forum
  • Adrian Codirlasu, PhD, CFA – VP CFA & AAFBR, Member of ACI Romania
  • Adrian Baciu, PhD – Country Corporate Security Officer & Country BCP Coordinator, VIG Romania
  • Adriana Lobda – Founding Member, Envisia
  • Carmen Micu – Founding Member & CEO, Envisia
  • Mariana Gheorghe – Nonexecutive Director, Member of the Supervisory Board, ING Group
  • Marius Ștefan – Owner & CEO, Autonom Group
  • Mihaela Stoica, ICA, ACI – CEO, Intercapital Invest SA, Member of AAFBR
  • Mihai Purcarea, CFA – Member of BoD, AAF
  • Prof. Nada Kakabadse – Henley Policy, Governance and Ethics Professor
  • Narcisa Oprea – Effective Board Director Programme Lead, Envisia
  • Nevenca Doca – Executive HR Director, Banca Transilvania
  • Radu Hanga – President of the Board, Bucharest Stock Exchange

Why join our postgraduate programmes?