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Sectors

Corporate Governance

Regional Projects and Contacts

Southeast Europe



Local Facility: PEP Southeast Europe

Local Project: Southeast Europe Corporate Governance Project

Project Head: Juan Carlos Fernandez Zara

Project Details: Supported by SECO (Switzerland). Project initiated in 2005. Five-year duration.

Countries covered by the project: Albania, Bosnia Herzegovina, Macedonia, Montenegro and Serbia.

CCGCP Regional Coordinator: TBD


South Asia



Local Facility: South Asia Enterprise Development Facility (SEDF)

Facility Head: Anil Sinha

Project Details: SEDF has not established a dedicated corporate governance project.

CCGCP Regional Coordinator: Maxine Garvey


Latin America and the Caribbean



Local Facility: Technical Assistance Facility for Latin America and the Caribbean

Facility Head: Luke Haggarty

Facility Details: Since 2006, the LAC Facility has supported corporate governance advisory services engagements in Mexico and Nicaragua, each under the supervision of CCGCP.

CCGCP Regional Coordinator: Davit Karapetyan


Sub-Saharan Africa



Regional Department Coordinator: Colin Shepherd (Regional Business Line Leader)

Local Project:
Nigeria Corporate Governance in Banking Program

Project Head:
Osaretin Odaro

Project Specialist: Isimkah Ibuakah

Project Details: Nigeria Corporate Governance in Banking Program is supported by FMTAAS. Initiated in April 2007, the project is currently underway and is working with clients. The current economic crisis has highlighted the need for CG in that market.

The project has organized a number of events for bank directors that included topics such as Director duties and responsibilities, managing risk at the board, and crisis management for Banks. The project is involved with the implementation of the CG Improvement Plan for an IFC investment client, and is expected to conduct assessments on several another clients in the coming months.

The project has also held a media training for local business journalists.

Sub-projects:

Africa CG Mapping Study (Phase 1 Underway, Phases 2-4 TBD) Isimkah Ibuakah (coordinator)

CCGCP Regional Coordinator: Roman Zyla


Middle East and North Africa



Local Facility: IFC Advisory Services in Middle East and North Africa


Local Program: MENA Corporate Governance Program

Local Program Head: Martin Steindl

Program Details: During the first trust-fund cycle of IFC Advisory Services in MENA, the IFC CG program achieved the following results:

- Number of entities accessing investment/financing: 16 out of 72
- Value of IFC financing supported by advisory services: US$112 million
- Value of financing (other than IFC) facilitated by advisory services: US$69 million
- Number of entities reporting improved performance (e.g., improvements in productivity, operations, loan terms, valuations): 58 out of 72

In addition, nine institutes of directors or CG institutes were founded, 17 Corporate Governance Codes were launched, and almost 4,000 participants were trained by the program or through its partner institutes.

In moving forward, the CG program will continue to improve CG practices of companies with a focus on family-owned businesses and financial sector institutions in resource-poor, labor-abundant countries, with highly selective engagements in countries like Saudi Arabia where significant fees can be generated.

Sub Projects (Country-wide):
Jordan Corporate Governance Project
(September 2009 - June 2012)
Project Officer: Chris Razook
Pakistan Corporate Governance Project II (October 2009 - June 2012)
Project Officer: Khawar Ansari
Saudi Corporate Governance Project

(June 2006 – December 2008)
Project Officer: Yehia El Husseiny
Yemen Corporate Governance Project
(May 2009 – December 2011)
Project Officer: Amira El Saeed


Sub Projects (Region-wide):
Corporate Governance MENA Regional Activities (October 2009 – June 2012)
Project Officer:
Chris Razook
Corporate Governance Funds Support in MENA
(Oct. 2009-June 2010)
Project Officer:
Martin Steindl
Corporate Governance MENA Evaluation Study (October 2009 – June 2010)
Task Leader:
Kamal Siblini

CCGCP Regional Coordinator - Sanaa Abouzaid


Eastern Europe and Central Asia
Regional Business Line Leader: Motria Onyschuk-Morozov
Projects:

Azerbaijan Corporate Governance Project (2004 - 2011)
Project Head:
Caroline Bright

Central Asia Corporate Governance Project (Kazakhstan, Tajikistan and Kyrgyz Republic) (2005-2012)
Project Head:
under recruitment
Kazakhstan Team Leader: Adalyat Abdumanapova
Kyrgyz Team Leader: Yuliya Holodkova
Tajikistan Team Leader: Tahmina Nurova

Georgia Corporate Governance Project (2005-2010)
Project Head:
Maia Tevzadze

Southeast Europe Corporate Governance Project (Albania, Bosnia & Herzegovina, Macedonia, Montenegro and Serbia) (2005-2011)
Project Head:
under recruitment
Albania Team Leader: Sonila Bicaku
B & H Team Leader: Merima Zupcevic
Macedonia Team Leader: Kiril Nejkov
Serbia & Montenegro Team Leader: Katarina Veljovic

Ukraine Corporate Governance Mediation Pilot (2008-2009)
Project Head:
Vladislava Kanevska

CCGCP Regional Coordinator: Darrin Hartzler


East Asia


Local Facility: PEP China

Local Program: Private Enterprise Partnership for China

Local Project - China Corporate Governance Project (June 2008 - July 2010)

Project Head – Sergii Tryputen

CCGCP Regional Coordinator: Charles Travis Canfield


Knowledge Management



KM Specialist: Loty Salazar