This course is in English.
High quality governance is essential for all types of business organisation, whether in the For Profit, Not for Profit or Public Sectors. Just as poor governance practices contribute to the failure of SMEs, so poor governance has been the cause of reputational and other damage suffered by larger organisations and their stakeholders. Hard and anecdotal evidence testifies to the need for directors to be developed. Directors sit at the apex of the decision-making process in their organisation; with ultimate accountability to shareholders and/or stakeholders for their organisation’s assets, (including employees), the culture and values of their organisation, oversight of delivery of the organisation’s purpose and business, relations with supply chain partners and the organisation’s reputation. Direction of a company or other type of organisation is a skill and just trying to “learn on the job” is insufficient in the modern age. Serving and would-be directors need to learn about and be developed across a range of relevant topics to equip them to be more effective in their role so to enable change and offer their business a competitive advantage, viability and profitability.
Group work reviewing case studies with groups actively participating in resolving key issues and reporting back
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Simon Osborne is a board evaluation and governance consultant and a trainer. He was CEO of ICSA: The Chartered Governance Institute from 1 October 2011 until he stepped down on 30 June 2019. He progressed to this role after being made a Fellow of ICSA in 2004, and following on from his appointments as chairman of the ICSA Company Secretaries’ Forum in 2005 and Joint Head of ICSA Board Evaluation in 2006.
After qualifying as a Solicitor of the Higher Courts of England and Wales, Simon worked as in-house legal counsel for nearly 30 years in the British railway industry, latterly for 10 years as Company Secretary and General Counsel of the former FTSE100 company Railtrack Group PLC. Following the UK Government’s move in 2001 against Railtrack Group’s major subsidiary by putting it into railway administration, he joined a small team which successfully recovered value for 250,000 shareholders. Simon’s time and roles at Railtrack gave him a strong interest in the importance of better governance. Since 2003 he has undertaken board evaluations for ICSA Board Evaluation; and director training assignments in the UK and overseas. This experience has given him helpful insights into the role of a director, board culture and good governance. In 2008 he contributed a Private Sector Opinion on board evaluation to the World Bank’s International Finance Corporation.
A recognised advocate of using evidence-based insights to inform governance and board efficacy, across a range of industries and sectors, Simon pursued a policy at ICSA: The Chartered Governance Institute of low cost targeted investment in research projects with the Investment Association, Board Intelligence and Henley Business School. ICSA’s Policy team has also published a Future of Governance series.
As well as his role as CEO of ICSA: The Chartered Governance Institute (which is the largest of the nine divisions of the global Chartered Governance Institute (previously known as the Institute of Chartered Secretaries and Administrators)), Simon served as Institute Secretary of the global Institute. In that role he has facilitated the introduction of major constitutional reforms, including a reduction in the size of the governing council; the introduction of a second chartered designation for members (Chartered Governance Professional) and a new non-chartered grade of affiliated membership; and at the AGM in 2018 the adoption by the global membership of a new name for in the Institute – ‘The Chartered Governance Institute’.
Simon became an Executive Fellow of the London Business School Leadership Institute in March 2019 He gave advice to the Leadership Institute’s efforts to pilot a “Board Fellows Programme” for MBAs. As of the 2018/19 academic year this is running as a collaboration between the LBS Leadership Institute, Board Fellow participants and the Student Led Initiatives Team and Simon is a member of the programme delivery team.
Simon is the immediate past chair of the Bylaws & Procedures Committee of the International Corporate Governance Network (ICGN). He was a founder member of ICGN’s business ethics committee. He has served until recently as a NED with an award winning media firm, Crown Brands Communications Limited. He is a vice-president of a small charity, the Railway Benefit Fund (Charles Dickens was a founder member), having previously served successively as honorary solicitor, board member and deputy chairman, and chairing its nomination committee.
 ‘The Stakeholder Voice in Board Decision-Making’ (2017)
 ‘Effective Board Reporting’ (2018)
 ‘The Company Secretary: Building Trust through governance’ (2014) & ‘Conflict and Tension in the Boardroom’ (2017)
Costas is a founding partner in A. & E. C. Emilianides, C. Katsaros & Associates Ltd and a practicing lawyer in Cyprus, advising some of the biggest organizations of the island and a portfolio of international clients that operate in Cyprus and abroad.
He was born in Thessaloniki, Greece. He graduated with grade excellent from the Law School of Aristotle University of Thessaloniki in 1999. In June of 1999 he received a scholarship for participating in a postgraduate seminar course in maritime law of Tulane University, New Orleans, US & University of Aegean. He completed his postgraduate studies in History, Philosophy & Sociology of Law (LLM) at the Aristotle University of Thessaloniki with grade excellent.
He has worked as an investment broker & trader, being certified as a derivatives consultant from ADEX (Athens Derivatives Exchange) in 2001 having succeeded in the exams for the relevant professional licence, until his entrance as an advocate in Thessaloniki (Greece) Bar Association in 2002, where he has been a member for 15 years as a licenced advocate.
Since 2008-2009 he has moved to Cyprus and contributed to the task of the new charter of the Orthodox Church of Cyprus and served as the legal advisor of the Holy Archbishopric of Cyprus and head of its legal activities and entities. He has been a visiting lecturer of University of Nicosia (UNIC) and published various scientific articles and lectures.
He has significant administrative experience as he served as the Chairman of the board of one of the biggest media groups in Cyprus, Senior Independent Member of the Board of the biggest credit & financial institution of Cyprus (Bank of Cyprus), Chairman of the board of one of the biggest insurance companies of Cyprus (Eurolife), a board member of CNP Holdings and it’s subsidiaries, one of the biggest insurance companies of Cyprus and a member of CNP global group, Chairman of the supervisory board and member of the board of banking institutions abroad, Member of one of the biggest securities companies of Cyprus (Laiki Capital) and others.
He serves as a non-executive board member of the biggest real estate fund of Cyprus (CYREIT Variable Capital Public Ltd). He also serves as a board member of the Cypriot-Italian business association (Sintesi), which has been recognized as the Italian-Cypriot chamber of commerce by the Italian goverment in December 2019.
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