Enhancing Board Effectiveness - Directors Training Programme

Date:
Nov 22 - 24, 2024
Application Deadline:
Nov 12, 2024
Venue:
Rausing Executive Development Centre, LUMS
 

Contact Us

Need a personal consultation?
rec@lums.edu.pk
+92 42 3560 8243 +92 42 3560 8119
Offerings

Programme Dates

Venue
First Module I: September 13 - 15, 2024
Module II: September 27 - 28, 2024
Rausing Executive Development Centre, LUMS
Second Module I: November 22 - 24, 2024
Module II: December 6 - 7, 2024
Rausing Executive Development Centre, LUMS
Third Module I: January 31 - February 2, 2025
Module II: February 14 - 15, 2025
Rausing Executive Development Centre, LUMS
Fourth Module I: May 30 - June 1, 2025
Module II: June 13 - 14, 2025
Rausing Executive Development Centre, LUMS



Changing market dynamics, globalisation and the increasing scale and complexity in corporations are making the role of boards integral to the overall sustainability of the enterprise. Boards have to contend with a host of new pressures, challenges and risks, necessitating them to uphold the highest standards of corporate governance and effective execution of their roles. Whether it's regulatory compliance, financial resilience, maximisation of shareholder value, risk management or leadership challenges of the top team, the Directors Training Programme address these unique issues and helps promote sound corporate governance.

In the course of this programme, you will learn the best practices of corporate boards, how to leverage your skills to effectively lead, assemble and analyse the right level of information, rise to the challenges of changing times and effectively align the interests of individuals, organisations and society.



 

 

Enhancing Board Effectiveness programme is offered in two modules comprising of two days each. The covered areas are:

  • Corporate governance codes and an evaluation of their usefulness
  • Regulatory compliance and reporting
  • Framework for board’s effectiveness
  • Role of Board of Directors, Shareholders, Management and various Committees of the Board
  • Board responsibilities and challenges
  • Key legal, political and economic features of governance systems
  • Understanding of shareholder value and financial statements analysis
  • Executive compensation
  • Risk Management
  • Leading change for institutionalising sound governance
 

 

Across modules, you will be exposed to real-life cases on governance challenges and issues faced globally. Enriched with local anecdotes of board practices and pitfalls, the programme will help you: 

  • Develop an in-depth comprehension of the scope and key pillars of corporate governance
  • Effectively interpret the financial information to develop essential financial oversight for enterprise efficacy
  • Enhance your understanding of the organisation’s responsibility to the shareholders value and stakeholders well being
  • Gain contemporary perspectives of corporate governance best practices
  • Effectively manage risk and develop more effective control mechanisms
  • Develop an understanding of the legal provisions governing company management and administration
  • Master the ability to transform your board into an effective functioning unit
  • Enhance leadership skills and develop strategic insight needed to respond to boardroom dynamics
  • Develop interpersonal skills to enhance board dynamics and create influence with multiple stakeholders
 

 

 

  • The programme fulfills the criteria specified for Directors Training Programme under the Code of Corporate Governance and is also endorsed by the Securities and Exchange Commission of Pakistan (SECP).
  • The programme incorporates a blend of real-life case studies, experiential learning exercises, local success stories and interactive discussions providing the participants a distinctive learning experience which is the hallmark of LUMS.
 

 

The programme is suitable for Board members as well as top management including Managing Directors, Chief Financial Officers, Chief Executive Officers, Chief Operating Officers, Secretaries to the Boards of Directors, Legal Advisors, Company Secretaries and Corporate Governance executives who envision moving into a director’s role in future.   

 

Programme Director

KHALID A. MIRZA
Teaching Faculty
Honorary PhD, Institute of Business Management
M.Com, University of the Punjab

Past Experience:
Chairman and Chief Executive: Competition Commission of Pakistan; Chairman and Chief Executive: Monopoly Control Authority, Government of Pakistan; Sector Manager, Financial & Private Sector Development, East Asia and Pacific: The World Bank, Washington DC, USA; Former Chairman: Securities & Exchange Commission of Pakistan

Co-Programme Director
Associate Professor 
PhD, Université Paris 1
Research Interests:
Financial Markets; Risk Management; Corporate Finance
Additional Faculty
Associate Professor
PhD, University of Manchester
Research Interests:
Corporate Finance; Privatisation Policy; Regulation of Utilities; Financial Institutions & Markets; Social Enterprise

"Governance has always been a complex challenge. The Directors Training Programme by LUMS offers a unique combination of insights to handle governance related challenges in a proactive way. It touches upon all the concerns and goes deep into the relevant critical areas."

Shahzad Saleem - PACRA


                                                        "The Directors Training Programme at LUMS brought new perspectives on corporate governance. The programme gave me a step in the right  direction about corporate governance. It’s a platform to build upon and what to expect in the real world. Does not teach you everything but gives a flavor of what to expect in real life."

Muhammad Zeeshan Chaudhry - HAC Agri Pakistan

 

 

Offering September & November 2024 January & May 2025
Programme Fee PKR 500,000 PKR 500,000
Residential Fee PKR 90,000 PKR 90,000


* Programme fee includes tuition cost, reading material, tea and lunch served during the programme. 
* Residential fee and accommodation clause below are not applicable for programme offerings in Karachi.
* Health and Safety of our prestigious participants, faculty, and staff is a top priority for LUMS. Given the current COVID-19 situation, enrolment confirmation will be subject to the submission of a valid immunization certificate with updated booster dose details for COVID-19.


ACCOMMODATION
If you wish to avail accommodation at LUMS, there will be additional fee. It includes accommodation, breakfasts and dinners for the duration of the programme. However, any extra charges such as telephones, extra meals etc should be paid on departure. You may check-in on the evening preceding the start date of the programme module and check-out the morning after the programme module ends. You are, however, requested to inform us of the time of your arrival and departure.

We offer single bed accommodation at the Rausing Executive Centre. Each bedroom with attached bathroom is equipped with mini-fridge, writing desk and direct dial STD/ISD telephone and cable TV. All bedrooms at REC are internet-ready. Please note we do not provide accommodation for drivers accompanying participants.

ADMISSION PROCESS
Applications will be screened with regard to their suitability for each programme. Kindly ensure that your complete online application form reaches the office by the deadline. Incomplete application forms will not be entertained.

*Seat in the programme will be reserved on a first-come, first-served basis.

PAYMENT
Payment is due upon receipt of the acceptance letter along with the invoice. Please ensure that the payment reaches the office BEFORE the start of the programme. Space in the programme may only be ensured after we receive the fee.

Our preferred mode of payment is by cheque/banker’s draft payable to Lahore University of Management Sciences. Personal cheques will not be entertained. However, the programme fee can also be paid via bank transfer. 

Please send the cheque to:
Marketing Manager
Rausing Executive Development Centre
Lahore University of Management Sciences
Sector "U", DHA, Lahore Cantt. Lahore - 54792
Tel: +92-42-35608119-8243

*LUMS is a not-for-profit organisation under the Income Tax Ordinance 2001. Accordingly, the income of LUMS is not tax deductible/collectable.

DISCOUNT POLICY
If more than one executive from the same organisation participate (up to a group size of 10 participants), each additional participant after the first one gets a 10% discount on the programme fee.

SUBSTITUTES/TRANSFERS AND REFUNDS
If you are unable to attend a registered course, we will accept a substitute until 2 working days before the programme. Substitute candidates will be subject to the same selection process as the original one. If you wish to cancel your name from a programme, please notify in writing or on call at least 5 working days before the programme. In 
case of late cancellation, the course fee will be refunded after deducting an application processing fee of PKR 80,000.

It is possible to transfer deposited fee to any open enrolment programme within 3 years. Transfers should be notified at least 5 working days before the programme. In case the participant or sponsoring organisation fails to utilise the funds within 3 years, the deposited fee will be forfeited.

Note: REDC may cancel or postpone a programme due to insufficient enrolment or unforeseen circumstances. In this case, university will refund registration fee but will not be responsible for any other related charges/expenses including cancellation/change charges by airline and travel agencies.

In case of postponement, the fee may be transferred to the rescheduled offering of that programme or any other programme as an alternate to refund. The University reserves the right to make changes in its programme policies and fees at any time.