Mexico City, Mexico, 8-10 April 2002

The third meeting of the Latin American Corporate Governance Roundtable was held in Mexico City, Mexico on 8 - 10 April 2002. The meeting focussed on the Board of Directors, Stakeholders and Transparency and Disclosure.

The Roundtable was organised with the World Bank and the International Finance Corporation, and co-hosted by the Bolsa Mexicana de Valores, with the support of the Secretaria de Hacienda, the Comision Nacional Bancaria y de Valores, the Global Corporate Governance Forum, the Consejo Coordinador Empresarial, the Asociación de Banqueros de México, the Asociación Mexicana de Intermediarios Bursátiles, and the Asociación de Instituciones Financieras Internacionales.

More information on the Latin American Corporate Governance Roundtable

Materials

Agenda [ in English  / in Spanish  ]

Presentations

Inauguration of Ceremonies:

• Mr. Guillermo Prieto Treviño, Chairman, Bolsa Mexicana de Valores (BMV)
• Mr. Richard Hecklinger, Deputy Secretary-General, OECD
• Mr. Bernie Sheahan, Director, Operational Strategy Department, International Finance Corporation (IFC)

Recent Corporate Governance Developments:

• Mr. Jorge Familiar, Vice-President, National Banking and Securities Commission (CNBV), Mexico
• Mr. Mike Lubrano, Principal Securities Market Specialist, Global Financial Markets Group, IFC
• Mr. Guillermo Babatz, Director-General for Insurance and Securities, Ministry of Finance and Public Credit, Mexico
• Ms. Maria Clara Sanchez Ballesteros, Superintendente Delegada para Emisores, Superintendencia de Valores, Colombia
  - powerpoint presentation
  - Background paper
• Ms. Maria Helena Santana, Listing and Issuer Relations Superintendent, Sao Paulo Stock Exchange (BOVESPA), Brazil Ms. Anne Simpson, Programme Manager, Global Corporate Governance Forum

Lunch Address:

• Mr. Agustin Carstens, Vice-minister of Finance and Public Credit, Mexico

Session 1: The Role of the Board Its Boundaries, Duties and Competencies

• Dr. Florencio Lopez de Silanes, International Institute of Corporate Governance, Yale University
• Mr. Marcos Bertín, Argentine Institute of Corporate Governance (IAGO), Argentina
• Mr. José Alberto Velez Cadavid, President, Suramericana de Seguros, Colombia

Session 2: Main Board Issues in Latin America

• Mr. Candido Paz-Ares, Uria & Menendez, and University of Madrid, Spain
  - in English
  - in Spanish
• Mr. Ricardo Escobar, Partner, Carey y Cia, Chile
  - powerpoint presentation
  - Background paper
• Ms. Eliane Lustosa, Director of Finance and Investments, Petros, Brazil
• Mr. Hector M. de Uriarte, Director, Walmart, Mexico

Session 3: Developing Board Professionalism

• Mr. Roberto Danel, Principal, Control de Gestion de Negocios, S.C., Mexico
  - powerpoint presentation
  - Background paper
• Mr. Sergio Foguel, Member of the Board, Odebrecht SA, Brazil
• Mr. José Sanchez Padilla, Egon Zehnder International, Mexico
• Mr. Samuel Podolsky, President, Spencer Stuart, Mexico

Session 4 : Stakeholders and the Role of Employees

• Mr. Francisco Hérnández Juárez, Secretary General, Telephone Workers Union, Mexico

Lunch Address:

• Mr. Humberto Bañuelos, President of the Asociación Mexicana de Intermediarios Bursátiles (AMIB), Mexico

Session 5: Corporate Governance and the Case of Creditors and Insolvency proceedings

• Mr. Stilpon Nestor, Senior Advisor to the OECD
  - powerpoint presentation
  - background document
• Mr. Sri-Ram Aiyer, Former Country Director, World Bank
  - powerpoint presentation
  - background document
• Mr. Luis Manuel C. Méjan, General Director, Mexican Administrator for Insolvency Procedures
• Mr. Nabil Miguel Agramont, Intendente de Valores, Superintendencia de Pensiones, Valores y Seguros, Bolivia

Session 6: Disclosure and Transparency - A Market Requirement

• Dr. Federico Oviedo Vidal, President, Lima Stock Exchange, Peru
• Ms. Maria Helena Santana, Listing and Issuer Relations Superintendent, Sao Paulo Stock Exchange (BOVESPA), Brazil
• Mr. Eduardo Trigueros, Issuers and Information Director, Bolsa Mexicana de Valores (BMV)

Session 7: Disclosure and Transparency - Accounting and Auditing

• Mr. Guillermo Zamarripa Escamilla, Vicepresident, National Banking and Securities Commission (CNBV), Mexico
• Mr. Mauro Cunha, Templeton Asset Management, Brazil
• Ms. Ana Maria Elorrieta, Partner, PricewaterhouseCoopers, Brazil
  - powerpoint presentation
  - background document
• Ms. Paola Gutierrez, Co-ordinator, Confécamaras (Confederation of Chambers of Commerce), Colombia
  - powerpoint presentation
  - document
  - background information
• Mr. Javier de los Santos Fraga, President, Mexican Institute of Public Accountants

Session 8: Disclosure and Transparency - Non-Financial Disclosure

• Mr. Guillermo Arthur, Director, Federacion Internacional de Administradoras de Fondos de Pensiones, Chile
• Mr. Jorge Familiar, Vice-President, National Banking and Securities Commission (CNBV), Mexico
• Mr. Emilio Ferré, Head, Intermediaries Division, Comisión Nacional de Valores, Argentina
  - in English
  - in Spanish
• Mr. Rubén Goldberg Javkin, President of the Asociación de Instituciones Financieras Internacionales (AIFI), Mexico