Policy
Policy

Hawkamah, jointly with its International Partners has launched 6 Task Forces on Corporate Governance in areas of Insolvency and Creditors Rights, Banks, State Owned Enterprises, The Insurance Sector, Private Equity and Islamic Banks and Financial Institutions. The purpose of developing these Task Forces is to introduce reforms in the MENA region by inviting and engaging the Policy makers from start as members of these Task Forces.

All of Hawkamah's Task Forces have similar procedure of working. Hawkamah first develops a Questionnaire to take stock of the existing corporate governance framework and practices of organisations across the MENA Region. The questionnaire is then sent in an electronic form to all the Task Force (TF) members seeking their feedback on the questions included in the questionnaire. In light of the TF members comments, the questionnaire is revised by Hawkamah and the final Questionnaire is then circulated to the relevant contacts in the MENA jurisdictions requesting them to complete the questionnaire. The received responses are analyzed and collated in the form of a Policy Brief which summarises the results of the survey, benchmarks the existing CG frameworks with International best practices and contains concrete policy recommendations for the governments and regulatory bodies of the countries covered under the survey.

The Task Force members meet around 2-3 times during the tenure of the Task Force to finalise and discuss the policy brief. The Policy Brief is then introduced at the Hawkamah Annual Conference.

Testimonials

  • I am truly honored to attain this certification and I recommend the Compliance Heads of all DFM listed companies to participate and achieve this certification.

    Nabeel Mirza - Senior Director & MLRO - Compliance - GFH Financial Group B.S.C.
  • The workshop has added a level of professionalism to my practice. It addressed and discussed  the right concepts to promote better governance and effective support for business in line with rules and procedures.

    Osama Issaq Al Haj - Head of Legal & Board Secretary - Dubai Islamic Bank
  • A very interesting and informative course which has helped me to adapt my Board Secretary knowledge further to my role as Company Secretary.

    Hamad Al Hosani - Group Company Secretary - Emirates NDB Bank
  • Anyone who wants to enter the world of boards and governance; this is your passport.

    Jehad A. Kazim - Director - Legal Services Dubai Chamber
  • The Directors Development Program was one of the most beneficial programs I attend during my career life. The strength of the program comes from the way it was structured as each part covered very important aspects of the required management role.

    Nada Ishaq Abdul Karim - Manager - The Secretary of The Board of Directors - Bahrain Islamic Bank BSC
  • The DDP offered by the Hawkamah Institute is an excellent course to prepare directors to understand and fulfil their obligations properly as members of the board. I have benefitted immensely from this program and have started to implement some of the best practices taught on the boards that I am involved in.

    Amir Arab - Director - Havenvest Private Equity Middle East Limited
  • The Director Development Program is great way to gain insight and improved understanding in areas such as corporate governance and board functionality. I would highly recommend the program as a foundational step before they begin their board experience. Bindu Ann Joseph - Chief Operating Officer - 3W Networks
  • Director Development Program was invaluable learning experience for me which has elevated my knowledge and broaden my understanding mainly on the corporate governance practices and board of directors role. It has addressed the main concepts from theoretical and practical perspectives. The material is comprehensive and provides the key information of the different aspects of the course. I strongly recommend the program for individuals who play role in corporate governance and seek to enrich their knowledge of companies’ board of directors. Sumaya Alshaer - Acting Head of Strategy & Corporate Governance - DUBAI SOUTH
  • The Director Development Program is being run with an effective balance between theory presented by knowledgeable staff and interactive discussions among the participants. This makes it into a recommendable program for aspiring and existing Board Members alike to get up to date on Corporate Governance as relevant for our GCC Region. Johan H. Brand – Owner – Johan Brand Leadership Advisory DWC – LLC
  • My favorite part of the DDP program is that it teaches you more than academics. It gives you insights on the skills you need as a board member. Noora Mahfouth A Mohd Alshehhi - Manager- Contract Review Audit - Dubai Electricity & Water Authority

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