A socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and sporting, public, and cultural events.

The Roscongress Foundation – a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and sporting, public, and cultural events.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 2,500 people working in Russia and abroad. In addition, it works in close cooperation with 122 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 69 countries worldwide.

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Session 7.4: The Сontribution of Сorporate Governance to the Competitiveness of a Financial Institution
4 July 2019
17:30—18:40
Why do some banks have an effective strategy, while others have to undergo reorganisation? What is the difference between insurance companies that successfully attract strategic partners and build long-term business relations, and those that need to be bailed out or have their license withdrawn? While the reason in each case will vary, it often boils down to the corporate governance employed by the company, and in particular its financial governance.
How do the owner, directors and management work together to utilise corporate governance principles to promote growth and competitiveness of a financial organisation? Do independent directors have any influence on the situation? Is there a way to effectively manage the owners’ conflicts of interest?
Date
04.07.2019
Forum
International Financial Congress
Started at
17:30—18:40
Conference hall
Presidential Library, Conference hall 2 (first floor)
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