Argüden Governance Academy Foundation


International Finance Corporation (IFC) has partnered with Argüden Governance Academy, a non-profit organization that aims to enhance the quality of governance in public, civil society, private sectors on a global scale, to offer a directors’ education program with a focus on corporate governance and sustainability for the Turkish private sector and the business community. The program was conducted on November 21-22, 2018 at the IFC premises in Istanbul and was attended by 30 board members and top executives of the key family companies that have an important role in the future Turkish business world.

The program was prepared in collaboration with the Academy. IFC provides governance training and advisory services for founders and owners of enterprises with high growth potential. Besides the contributions of the Academy, the training program was enriched with IFC’s ‘SME Governance Methodology’, the first and only tool of its kind on the market.


Dr. Yılmaz Argüden, who has served on over 50 boards in four different jurisdictions; was named one of the 100 Global Leaders for Tomorrow by the World Economic Forum and served as the global chair of UN Global Compact National Networks, started the program with the ‘Effective Boards for Sustainable Success’ lecture

Prof. David R. Beatty of Toronto's Rotman School of Management provided the closing speech and offered valuable tips to business leaders regarding ‘How to become an effective Chair’. Having served as the Chairman of the Board in nine publicly listed companies in addition to holding board memberships at nearly 40 companies, Prof. Beatty was previously made an Officer of the Most Excellent Order of the British Empire. Also, he has been honored with a lifetime achievement award from the International Corporate Governance Network (ICGN) this year.

During the two-day program, IFC Corporate Governance Officer Alexey Volynets, held sessions on “transformation of strategic decision-making processes over time, becoming company of choice among highly qualified professionals, creating an effective board, corporate governance in family businesses.”

Dr. Erkin Erimez, a partner of ARGE Consulting, Law Professor at Istanbul Bilgi University Veliye Yanlı, and Müjde Çetin from Argüden Governance Academy shared their knowledge about Sustainability, Integrated Thinking and Integrated Reporting.


About Argüden Governance Academy

The non-profit Argüden Governance Academy is dedicated to enhancing the quality of “governance” by increasing trust in institutions for promoting quality of life. The Academy conducts education, research and communication activities covering all segments of the society (public sector, civil society, private organizations and global actors) to promote the culture of good governance starting with children who are future leaders. 

The Academy aims to become an excellence and reference center by creating a national and international  know-how and experience platform in the governance field. Besides IFC, it has collaborated with several international actors such as the OECD, the World Bank, the IIRC, Council of Europe, IRI and numerous universities.

The Academy’s all processes and financial documents, in particular the Impact Report, are audited by Independent Auditors in line with the transparency and accountability principles. Adopting "Integrated Thinking" in its activities in line with its advocacy efforts as part of Türkiye’s leadership of G20 in 2015, the Academy is the world's first non-governmental organization to publish its activities as an Integrated Report since its establishment.

The Program incorporated two Private Sector Advisory Group members of the International Finance Corporation (IFC) Corporate Governance Group: Prof. David Beatty and Dr. Yılmaz Argüden who is also the founder of the non-profit Argüden Governance Academy.

Dates: November 21st-22nd, 2018
Location: IFC Istanbul Office