BEST ANNUAL REPORT AND TRANSPARENCY AWARD 2020

The World Bank – European Union joint project – Georgia Financial Inclusion and Accountability, in partnership with the National Reforms Support Foundation in Accounting, Reporting and Auditing (RSF) announces significant expansion of its annual competition for high quality reporting and transparency. See the link: www.rsfaward.ge
Independent Director – Head of Audit Committee

“The main component of the corporate governance is the supervisory board, whose main function is the strategic decision-making for the company’s development. The board should be an advisor and a supervisor for the management and needs to be qualified and objective members to fulfill its responsibilities. Exactly, qualified, independent and effective board will be the […]
Tariel Gvalia received a 5 year license from the regulator to be an Independent Director in Belarus

Independent Directors Association member, Tariel Gvalia received a 5 year license from the regulator to be an Independent Director in Belarus. License requires passing of a specialized test conducted by the Central Bank and is awarded to candidates that comply with qualifications and professional reputation standards.
Victor Kipiani: Independent director’s role and legal regulations in the United States, United Kingdom and Germany

Good corporate governance helps companies operate more efficiently, improve access to capital, mitigate risk, and safeguard against mismanagement. It makes companies more accountable and transparent to investors and gives them the tools to respond to stakeholder concerns. See More: www.businesscontract.ge
