The president of the Securities and Exchange Commission (CVM), João Pedro Nascimento, joined the extended Bureau of the Corporate Governance Committee at the Organization for Economic Co-operation and Development (OECD). It is the first time that a Brazilian occupies the position.
The committee is responsible for conducting the work of a forum whose objective is to define principles and general guidelines on corporate governance issues. It is composed of members of the G20 and other countries related to the OECD.
O extended Bureau is new to the OECD and is open to non-committee members. With the appointment of Nascimento, Brazil joins the other six countries in the leadership of the committee: Spain, United States, Greece, Israel, Italy and Turkey.
“It will be a unique opportunity to discuss issues, exchange experiences and collaborate for the improvement of corporate governance practices and other topics related to the capital market”, said Nascimento.
Source: CNN Brasil
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