Program run by Envisia Business School and Bucharest Stock Exchange trains board members in Romania to handle increasingly complex challenges
A unique educational program in the local landscape aims to enhance the practical abilities of board members in listed Romanian companies or firms aspiring to get listed and help them face increasingly complex challenges.
Andrei Chirileasa · Journalist
· Updated · 4 min read
A unique educational program in the local landscape aims to enhance the practical abilities of board members in listed Romanian companies or firms aspiring to get listed and help them face increasingly complex challenges.
A partnership between Envisia – Board of Elites, the first business school in Romania for Board Directors, and the Bucharest Stock Exchange, the Corporate Governance that Creates Value program starts its third edition on November 17.
Over a period of six months, the participants enrolled in the program attend 60 hours of in-class training in which they learn about the legal framework that governs the functioning of company boards in Romania, the different types of board structures, the roles of board members and committees, specific activities, the relationship of the board of directors with the executive management team, and responsible governance principles.
The evaluation at the end of the program consists of a simulation of a board meeting in which the participants get to put into practice everything they learn over the training period and solve real-life board topics.
“This program aims to align the professionals in the local capital market with the current demands and future challenges. It is practical, participants can apply everything they learn within the program the next day,” says Gabriela Hârțescu, Ph.D., Envisia’s Dean and COO (opening photo).
The program participants are high-caliber practitioners – board members, members in consultative committees, professionals that support the board with documents and opinions, and consultants that support the board in making decisions on matters such as fiscal policies, legislation, and digital transformation, according to the Envisia representative.
“We help them get updated with the legislation in our country and good practices at European level, and we bring up potential challenges they will face such as digital transformation, legislation changes, and tax changes, which are very frequent in Romania,” Hârțescu explains.
“We aim to keep the program up to date with the latest market trends and the feedback received from participants. With each series, we come with renewed curricula and discussion themes,” she adds.
The program’s facilitators and guest speakers are highly-reputed practitioners with a lot of business know-how. The evaluation committee is led by the president of the Bucharest Stock Exchange’s Board of Directors, Radu Hanga.
