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Corporate governance and corporate finance

OECD Corporate Governance Committee

 

On 22 November 2022, the OECD Corporate Governance Committee designated its Chair, Vice-Chairs and Bureau for 2023.

The incumbent Chair, Mr Masato Kanda, Vice Minister of Finance of Japan, will continue to chair the Committee.

The Committee designated two new Vice-Chairs, Mr. Rodrigo Buenaventura, Chair of Spain’s National Securities Market Commission (CNMV), and Mr. Nick Tabor, Deputy Assistant Secretary for International Financial Markets in the U.S. Department of the Treasury. Ms. Chiara Mosca, Commissioner at Italy’s Companies and Stock Exchange Commission (CONSOB) will continue to serve as Vice-Chair.

The Committee also designated a new Bureau member, Ms. Vassiliki Lazarakou, Chair of the Hellenic Capital Market Commission (HCMC). Israel, Sweden and the United Kingdom will continue to serve as Bureau members.

Finally, Mr. João Pedro Nascimento, Chair of Brazil’s Securities and Exchange Commission (CVM) was designated to serve on the new extended Bureau dedicated to discussions on the G20/OECD Principles of Corporate Governance and open to non-member Associates in the Committee.

Following support from OECD Ministers and G20 Leaders, the Committee is currently reviewing the G20/OECD Principles of Corporate Governance. The review was launched in November 2021 and will be completed in 2023. OECD, G20 and FSB members participate in the review as well as other countries through the Committee’s regional Roundtables (Asia, Latin America and the Middle East and North Africa).

The Role of the Committee

The Corporate Governance Committee:

  • co-ordinates and guides the Organisation's work on corporate governance, corporate finance and state-owned enterprises;
  • oversees the implementation of the G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises;
  • guides and supports the OECD's dialogue with non-member economies in the area of corporate governance. The Committee runs Regional Corporate Governance Roundtables with Asia, Latin America and the Middle East and North Africa.

Composition of the Committee

52 jurisdictions participate in the Corporate Governance Committee:

  • All OECD members;
  • Argentina, Brazil, China, India, Indonesia, South Africa and Saudi Arabia, and Hong-Kong (China) and Singapore as non-OECD G20 and FSB members;
  • Bulgaria, Croatia, Peru and Romania as OECD accession countries, and Malaysia.

The Financial Stability Board (FSB), International Monetary Fund (IMF) and Word Bank participate in the Committee as Observers.

Leadership of the Committee in 2023

Chair: Mr. Masato Kanda, Vice Minister of Finance for International Affairs, Japan

Vice-Chairs:

  • Mr. Rodrigo Buenaventura, Chair, National Securities Market Commission (CNMV), Spain
  • Ms. Chiara Mosca, Commissioner, Companies and Stock Exchange Commission (CONSOB), Italy
  • Mr. Nick Tabor, Deputy Assistant Secretary for Interrnational Financial Markets, Department of the Treasury, United States

Bureau:

  • Mr. Mark Holmes, Deputy Director, Department for Business, Energy and Industrial Strategy, United Kingdom
  • Ms. Vassiliki Lazarakou, Chair, Hellenic Capital Market Commission (HCMC), Greece
  • Mr. Rolf Skog, Director General, Swedish Securities Council, Sweden
  • Ms. Ronnie Talmore, Senior Director, Ministry of Justice, Israel

Extended Bureau: Mr. João Pedro Nascimento, Chair, Securities and Exchange Commission (CVM), Brazil

 

See also

 

 For further information about the Corporate Governance Committee, please contact Serdar Çelik, Head of the Corporate Governance and Corporate Finance Division (CorporateGovernance&CorporateFinance@oecd.org).

 

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