Global Updates
Global Updates
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With the pandemic taking its grasp over the globe, we at Hawkamah would like to keep you updated on corporate governance related documents being issued by various organizations, platforms, and thought leaders that maybe useful as you try to work with your board go through this ongoing challenge. 

Global Policy

  • The Organisation for Economic Co-operation and Development (OECD) issued in its recent Economic Assessment Report actions and measures by the governments in softening the economic impact of NCOV.
  • The International Corporate Governance Network (ICGN), a conglomeration of some of the biggest international institutional investors, laid out in its viewpoint how different markets are handling shareholder meetings during the COVID-19 health emergency.  


Advise for Boards

  • Corporate governance thought leaders laid out 10 considerations for Board of Directors as they work with their management grapple with the day-to-day management of crisis mitigation and highlights key areas of focus that Boards need to stay on top to make sure that management is taking appropriate action to the extent the board considers prudent.
  • ICSA, The Governance Institute from the United Kingdom, issued a very useful guidance on virtual meetings that lays out the roles of board chairs, board secretary, board members, and executives in ensuring effective and productive virtual meetings. As a growing number of regional companies are deploying various online meeting softwares, the best-practice guidance from ICSA can assist regional boards systematize virtual meetings. 

  • The International Finance Corporation shared some tips for company leadership on how to respond to the COVID-19 crisis that demonstrate leadership and culture, effective oversight of crisis management, an internally agile response to crisis, trusted and responsive communication with both shareholders and stakeholders, and an overall commitment to the company’s sustainability.     

  • The International Corporate Governance Network, a global association of major institutional investors and asset managers, issued a Statement of Shared Governance Responsibilities calling for specific actions by companies and investors in light of the public health and economic crisis from the COVID pandemic.  

Note:  The documents hyperlinked above will send you directly to the author’s/publisher’s direct document.  From time to time these web links maybe updated by the author/publisher without the knowledge of Hawkamah.  Please do let us know ( if any of these hyperlinks are dead links so we can update appropriately. 


  • "I would like to thank Hawkamah for the ESG Reporting training , I found the two days ESG Reporting training very informative and helpful and I have definitely received some tools that I will use in my work"

    Rania Zaatari - Head of Makassed Communal Healthcare Bureau

  • "The DDP provides a solid foundation of corporate governance for existing and aspiring directors."

    David Haglund - Senior Executive Director and Portfolio Manager of the Templeton Frontier and MENA Market strategies

  • “Thank you so much for sharing such insightful webinar. It was great and valuable to all participate”

    Shady Rashed - Senior Economic Researcher at The Ministry of International Cooperation of Egypt

  • “Good session and very well organized on the webinar about How to buffer and lessen the impact of the novel Covid – 19, to maintain business sustainability with Hawkamah - AUB / Makhzoumi” 

    Bilal Hamade - Executive Advisor

  • "One of the best webinars I attended. Well done OSB Makhzoumi and Hawkamah”

    Fida Kanaan – Director – Executive education  OSB AUB

  • "A journey full of knowledge, experience and professionalism . I have learned a lot and definitely enjoyed the time I spent with my colleagues."

    Ibtihal Al-Shamali- Director of Corporate Governance- Capital Market Authority of Kuwait

  • The breakfast meetings organised by Hawkamah provide attendees with a great opportunity to meet with peers from leading organisations and exchange ideas on current issues and challenges. A strong panel of industry experts discussing the challenges from different perspectives on ‘How to get the board more engaged’ was most insightful and engaging with enthusiastic audience participation especially in matters regarding diversity and quality of information that is  presented to the board for effective decision making. I look forward to more such events that are organised by Hawkamah

    Sunil Edwards- Group Head of Internal Audit  - Bank of Sharjah

  • The power breakfast on board engagement organized by Hawkamah in collaboration with Diligent was a successful event, very insightful and informative and well organized

    Mostafa Ibrahim Abdeltawab - Tax Agent & Consultant  - Skylines Tax Consultancy

  • There is absolutely no doubt that Hawkamah – as always – has done unmatchable effort in producing its most recent valuable report in association with Diligent about Board Best Practices in the MENA. The discussions that took place in the “Power Breakfast” was so important and insightful; the influx of questions by the quality participants and the valuable answers of the quality panelists is a clear proof of Hawkamah continued success in such events. 

    Yasser Al Dabach – Board Secretary – Ghobash Trading & Investment Group

  • The technical knowledge, insights, case studies and learning provided by the ‘Director Development Program’ are very useful and effective in framing the strategic planning, implementation and delivery phases of growth plans in the difficult economic and geo-political times that we are operating in.

    Hisham Dimashki – CEO - BAP LLC – (associated with GM Trading Companies - Washington DC)

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