Dubai, UAE - Board members of public and private sector organizations assembled at the four-day Hawkamah director development program in Dusit this week to discuss challenges to board governance in the region, and identify approaches to fostering better governance practices in boardrooms.
The program simultaneously ran separate English and Arabic modules, with participants from the UAE, Saudi, Kuwait, and Oman allowing for cross-country and cross-cultural fertilization of approaches towards better and more effective boards.
“We are delighted to have attracted an unprecedented gathering of board expertise from the public and private sector over these four days.
The participants raised very real challenges faced by boards, and the facilitated discussions allowed for brainstorming on culturally-sensitive approaches to implement better governance practices,” said Dr Ashraf Gamal Eldin, CEO of Hawkamah Institute for Corporate Governance.
Hawkamah Institute for Corporate Governance was set-up by the Dubai International Financial Center Authority in 2006 to bridge the regional corporate governance gap.
Hawkamah provides director development training program to board members and company secretary professional certification, conducts corporate governance assessments of public and private sector companies, produces the landmark Hawkamah-S&P Middle East and North Africa Environment Social and Governance (ESG) Index for listed companies, and organizes conferences and forums designed to upgrade corporate governance practices and frameworks in the region.