Myanmar Institute of Directors (MIoD)

The Myanmar Institute of Directors (MIoD) is a newly established, independent organisation promoting corporate governance standards and best practices in Myanmar. Governed by a board of directors comprising both public and private sector representatives, the institute aims to advance board professionalism, promote business ethics and transparency, create networks between corporate leaders and stakeholders, and boost investor confidence in Myanmar’s private sector. The board members are a diverse group of business leaders and advocates of good corporate governance in Myanmar. They include senior officials from key regulatory bodies such as the Directorate of Investment and Company Administration (DICA) and the Securities and Exchange Commission of Myanmar (SECM), prominent company CEOs, and heads of organisations representing market stakeholders. MIoD was formed with support from the International Finance Corporation (IFC), a sister organisation of the World Bank and a member of the World Bank Group, and the governments of Australia and the United Kingdom. It builds on the work initially carried out by the U.K.-Myanmar Financial Services Taskforce and the Myanmar Corporate Governance Initiative.