NBIM Sponsors Asian Corporate Governance Association
17 February 2012
Norges Bank Investment Management (NBIM), manager of the Norwegian Government Pension Fund Global, will sponsor the Asian Corporate Governance Association (ACGA).
NBIM joined ACGA as a member in 2008 and is the association’s first so-called Foundation Sponsor. The sponsorship was recently created to strengthen the association’s financial base and enhance its ability to achieve tangible improvements in corporate governance in Asia.
“As a major investor in the region we have a long-term interest in corporate governance and the fair and efficient functioning of capital markets in Asia,” says Anne Kvam, NBIM’s global head of ownership policy. “ACGA has proven to be a highly competent and effective organisation in this area and their goals are well aligned with ours.”
ACGA is an independent, non-profit membership organisation dedicated to working with investors, companies and regulators in the implementation of effective corporate governance practices throughout Asia.