Our Vision
Enable good governance that creates shared prosperity, an ethical society and an inclusive, sustainable economy.
Pakistan Institute of Corporate Governance was established as a public-private partnership following a memorandum of understanding (MOU) signed between two apex regulators, the Securities and Exchange Commission of Pakistan (SECP) and the State Bank of Pakistan (SBP), and 18 private sector institutions. PICG was set up on December 01, 2004, the same year the Organization for Economic Cooperation and Development (OECD) released a revised version of its first set of corporate governance principles developed in 1999 to help OECD and non-OECD governments in their efforts to create legal and regulatory frameworks to promote corporate governance in their countries.
PICG embarked on its journey to inculcate the six OECD principles of effective corporate governance in the corporate ecosystem in Pakistan. Our flagship program, the Director Training Program (DTP), commenced with IFC’s technical support in February 2007, and was a huge leap forward in inculcating a culture of good governance in Pakistan. The program completes the 40 hour training requirement outlined by the SECP. The Directors Orientation Workshop is a subsidiary program of the DTP.
Enable good governance that creates shared prosperity, an ethical society and an inclusive, sustainable economy.
To create awareness of the benefit of good governance to business and society thereby catalysing best practices for long-term sustainability.
The Code of Corporate Governance (2019) has brought significant changes to corporate governance practices in Pakistan.
Conducting responsible business has gained increasing attention over the past few years with many institutional investors.
At PICG we stand ready to work with boards and C-suites to provide advisory services customized for a constantly evolving regulatory and governance landscape.
PICG’s Board Performance Evaluation service enables an assessment of how the Board has performed.
