The president of the Capital Market Commission stated that the goal is to make a substantial contribution to shaping changes for corporate governance
The President of the Capital Market Commission, Vasiliki Lazarakou, was elected on November 22, 2022 as a member of the Board of Directors of the Committee for Corporate Governance of the Organization for Economic Co-operation and Development (OECD) for 2023.
Ms. Lazarakou is also a member of the Management Board of the European Securities and Markets Authority (ESMA) as well as a member of the Board of Directors of the World Organization of Securities Commissions (IOSCO), in which he assumed duties in October 2022.
The Organization for Economic Co-operation and Development (OECD) is an international organization that works to develop “better policies for better lives”. The Agency deals with a wide range of policies, from improving economic performance and creating jobs to promoting a strong education and fighting international tax evasion.
It is a forum and knowledge hub for data and analysis, exchange of experiences, exchange of best practices and advice on public policies and international standard setting.
The OECD Corporate Governance Committee coordinates and guides the Organisation’s work on corporate governance, corporate finance and SOEs and oversees the implementation of the G20/OECD Corporate Governance Principles and the OECD Guidelines on Corporate Governance of SOEs. It also guides and supports the Organization’s dialogue with non-member economies in the field of corporate governance.
The President of the Capital Market Commission, Mrs. Lazarakou said: I feel very happy and very honored to be elected as a member of the Board of Directors (Bureau) of the Committee on Corporate Governance of the OECD, for the coming year. This fact is a pivotal point for the presence of the Greek Capital Market in international bodies, such as the OECD, and especially at a time when the OECD Committee is processing the principles of corporate governance in order to incorporate, among others, the issues of sustainability and climate change as well as technological developments in the capital markets.
Our goal is to make a substantial contribution to the formation of changes for corporate governance and, in general, to consult on international standards, but also to cooperate between countries that support the principles of representative democracy and the free market economy. It is another step for the substantial strengthening of the domestic capital market and listed companies.”
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