The wall street journal states the importance and necessity of Corporate Governance and that the first institute of directors in Iraq-the Iraqi institute of directors has recently been launched by IFC which will provide corporate governance advisory services and has already graduated the first patch of board development program, providing 20 entrepreneurs in Erbil in March.In total,IFC has provided corporate governance services to six Iraqi companies, including Salahaddin and conducted nine educational events, reaching about 447 participants and helping to build the capacity of 16 Iraqi trainers.