HONG KONG, July 21, 2015 /PRNewswire/ -- The Hong Kong Institute of Chartered Secretaries (HKICS) and the China Association for Public Companies (CAPCO) signed a Memorandum of Understanding (MoU) at Financial Street Centre, Beijing on 16 July 2015. HKICS President Dr Maurice Ngai FCIS FCS(PE) and CAPCO Executive Vice President Yao Feng attended the signing ceremony. The signing was witnessed by HKICS representatives Vice-President Dr Gao Wei FCIS FCS(PE), Vice-President Ivan Tam FCIS FCS, Treasurer Bernard Wu FCIS FCS, Council member Dr Eva Chan FCIS FCS(PE), Chief Executive Samantha Suen FCIS FCS(PE) and Chief Representative of Beijing Representative Office Kenneth Jiang FCIS FCS(PE); CAPCO representatives Vice President Guo Runwei, Vice President Bi Xiaoying and relevant department heads; as well as eight senior board secretaries of A+H share companies who are also Affiliated Persons of HKICS.
Since CAPCO's establishment in 2012, HKICS and CAPCO have developed and maintained good working relationship. During the past three years, the two associations have regular exchanges of information and cooperation opportunities which have paved a solid foundation for mutual long term collaboration. The signing of the MoU marks an important milestone for a closer strategic working relationship, and aims to strengthen and consolidate the mutual collaboration in the areas of corporate governance research, training, professional knowledge and resource sharing.
"CAPCO plays a significant role in fostering good corporate governance among mainland listed corporations while HKICS's mission is to be one of the world's leading professional bodies in corporate governance," said Dr Ngai. "Over the years, the Institute has been promoting corporate governance research and good governance practices in Hong Kong and mainland China, and advocating the professionalisation of board secretaries. We believe that the closer collaboration with CAPCO under the MoU will enhance the development of corporate governance research and practices as well as benefit the development of mainland board secretary professionalisation."
About The Hong Kong Institute of Chartered Secretaries
(Incorporated in Hong Kong with limited liability by guarantee)
The Hong Kong Institute of Chartered Secretaries (HKICS) is an independent professional body dedicated to the promotion of its members' role in the formulation and effective implementation of good governance policies as well as the development of the profession of Chartered Secretary in Hong Kong and throughout Mainland China.
HKICS was first established in 1949 as an association of Hong Kong members of the Institute of Chartered Secretaries and Administrators (ICSA) of London. It became a branch of ICSA in 1990 before gaining local status in 1994.
HKICS is a founder member of Corporate Secretaries International Association (CSIA) which was established in March 2010 in Geneva, Switzerland to give a global voice to corporate secretaries and governance professionals.
HKICS today has over 5,800 members and 3,200 students.
For more information, please visit www.hkics.org.hk.
