The Institute of Directors Malta Branch (IoD) will be holding a conference at The Phoenicia on May 16 to celebrate 60 years of the IoD in Malta. The IoD is a business organisation for company directors, senior business leaders and entrepreneurs.
The conference, entitled ‘Reshaping Malta’s Boards’, will include three plenary sessions, two working groups, a drinks reception and a gala dinner. The first plenary session will feature a keynote by world renowned corporate governance expert Roger Barker and a panel discussing what should be considered for inclusion in a new draft Malta Corporate Governance Code.
The world of corporate governance has changed enormously in the last decade and now is a hugely important opportunity for Malta to take a lead on issues such as board diversity, remuneration, directors’ duties, technology and the responsibility of companies to their broader stakeholder base and not just their shareholders.
The changes under way impact not just listed entities but all companies no matter how small, whether for profit or not-for-profit. Each has a real part to play. As a result of the pressure to change, IoD Malta has embarked on an exercise with other key stakeholders to review the corporate governance platform for Malta.
Plenary 2 will have a keynote from global IoD chair Charlotte Valeur and will be moderated by IoD Malta chairman Edwin Ward, who will focus on director certification, a topic that IoD Malta is working closely on with the Malta Financial Services Authority in a bid to improve director education in Malta, as well as providing a standard by which directors being appointed to various kinds of entities can be validated.
Plenary 3 will feature a keynote from ecoDa secretary general Béatrice Richez Baum and tackle the responsibilities and liabilities of directors, a topic which continues to confuse directors coming from a wide range of backgrounds and industries.
Speakers for the conference include Ms Valeur, Dr Barker, Dr Richez-Baum, Mr Ward, MFSA CEO Joseph Cuschieri, FinanceMalta chairman Kenneth Farrugia, HSBC Bank Malta chairman Sonny Portelli, APS Bank chairman Frederick Mifsud Bonnici, Mapfre MiddleSea chairman Martin Galea, EY Partner Geraint Davies, EVBB board member Anton Theuma, Chartered director Christian Vassallo and former HSBC Malta CEO Mark Watkinson, among others.