Bangkok--Oct 20--SET
Thailand’s National Corporate Governance Committee, The Federation of Thai Capital Market Organizations (FeTCO), The Securities and Exchange Commission (SEC), and The Stock Exchange of Thailand (SET) cordially invite you to attend the seminar on “The World Bank’s Views on Thai Corporate Governance” on Wednesday October 26, 2005, between 8:00 — 12:15 am. at the Ballroom, Conrad All Seasons Place Hotel, Wireless Road, with the following details:
08.00 — 9.00 am. Registration
09.00 - 09.15 am. Corporate Governance Assessment Report on the
Observance of Standards and Codes (CG-ROSC)
by Mr. Vijit Supinit
Chairman
Subcommittee on Investors Education and Public Relations and
on Corporate Governance in Thailand
09.15 — 09.45 am. Visions on CG Development in the Thai Capital Market
by Deputy Prime Minister Dr. Somkid Jatusripitak
09.45 — 10.00 am. Overview on CG Development and the World Bank’s Role
by Mr. Ian C. Porter, Country Director, World Bank
10.00 — 10.30 am. Corporate Governance Challenges in East Asia:
Opportunities for Further Corporate Governance Reform
in Thailand
by Mr. Behdad Nowroozi
Senior Financial Management Specialist, World Bank
10.30 — 11.00 am. The Thai Capital Market after CG-ROSC
by Mr. Chalee Chantanayingyong
Committee Member and Secretary, National CG Committee
11.00 — 12.15 am. Collaborative Efforts to Promote CG in the Thai Market
by Professor Hiran Radeesri
Chairman of the Advisory Board, CG Center, The SET
Dr. Kongkiat Opaswongkarn
Chairman, FeTCO
Mr. Prasert Bunsumpun
Chairman, Listed Companies Association
Mr. Charnchai Charuvastr
President, Thai Institute of Directors Association
Mr. Wichai Poolworaluk
President, Thai Investors Association
Moderated by Dr. Warapatr Todhanakasem
President, Thai Rating and Information Service Co., Ltd.
The seminar will be conducted in Thai except for the 9.45 — 10.30 am sessions joined by the World Bank representatives.
To confirm your attendance and/or arrange an interview with speakers including Mr. Porter and Mr. Nowroosi, please contact Ms. Nattaporn tel: 0-2229-2049, email: [email protected]
The seminar organizers are looking forward to welcoming you or your representatives at the event. Your participation is most welcome.
Corporate Governance — Report on the Observance of Standards and Codes (CG-ROSCs) is based on principles of the Organization for Economic Cooperation and Development (OECD). The six assessment criteria are:
(1) Ensuring the Basis for an Effective Corporate Governance Framework
(2) The Rights of Shareholders and Key Ownership Functions
(3) Equitable Treatment of Shareholders
(4) Role of Stakeholders in Corporate Governance
(5) Disclosure and Transparency
(6) Responsibilities of the Board
Thailand registered for the World Bank’s CG-ROSCs evaluation in 2004 and received the official report in early September 2005.
About Mr. Behdad Nowroozi
Senior financial management specialist, World Bank
Mr. Behdad Nowroozi is a senior financial management specialist with the East Asia Region of the World Bank. He has been with the World Bank since 1992. He is currently acting as the coordinator for corporate governance in East Asia, and has worked on corporate governance reform in Korea and Thailand since the 1997 crisis. More recently, he has become involved in corporate governance work in Vietnam and China.
Prior to 1997, he worked in the Finance Vice Presidencies on issues such as improving internal control systems within the Bank and was part of the team that introduced the COSO framework in the World Bank in 1995. End.