Among one of its newest corporate partnerships, CIFAL Shanghai has now partnered with Intrabond Capital through this February 2011. Intrabond Capital is a major U.S. corporation that provides international services and research on board governance practices. The partnership includes support by Intrabond for training and research, establishing a national directory of boards, and conducting evaluations of corporate boards, including public, state-owned and pre-IPO entities. This will not only contribute to greater transparency and overview of existing PRC corporate boards, but also enhance the quality of corporate governance across the country for more effective Public-Private Partnerships in local development.
Intrabond and CIFAL Shanghai will focus Initial activities of the partnership on training board directors, corporate directors, and government officers to establish awareness of global best practices and accountability in governance. The national directory will provide a consolidated database of profiles of existing directors to provide guidance on continuing education needs and a tool for sourcing directors for future assignments. National directory participants will also become members of Intrabond’s international registry of board directors, called Board Bona Fide. Board Bona Fide is available to clients and executive search firms who seek qualified directors for boards of global companie.
CIFAL Shanghai is a UNITAR affiliated training centre for local actors in the Asia-Pacific region established in partnership with the Ministries of Commerce, Economy and Information, and Foreign Affairs, and hosted by the Shanghai Municipality. Among its key training themes are local urban development, PPPs, China-Africa knowledge exchange in urban development, and ICT and sustainable development. For more information on CIFAL Shanghai’s yearly training activities see www.UNITAR.org/event or www.CIFALShanghai.org.
Pictures: Mr. Wang Genxiang, Director of CIFAL Shanghai, Mrs. Donna M. Hamlin, Principal and Dr. Rodria Laline, Chief Executive Officer of Intrabond Capital during signing of partnership agreement in Shanghai, China.