PricewaterhouseCoopers signs sponsorship agreement with Hawkamah to promote Corporate Governance in the MENA region
PricewaterhouseCoopers signs sponsorship agreement with Hawkamah to promote Corporate Governance in the MENA region
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PricewaterhouseCoopers (PwC), a world leader in providing industry focused assurance, tax and advisory services, announced today that it has signed a three-year corporate sponsorship agreement with the Hawkamah Institute for Corporate Governance (Hawkamah) to support the promotion of better corporate governance standards and practice across the Middle East. This alliance allows Hawkamah to access and utilize PwC’s vast global resources, in terms of experts and research, and represents another significant step towards achieving Hawkamah’s strategic objectives of raising awareness and further advancing corporate governance in the region. Dr. Nasser Saidi, Executive Director of Hawkamah said: “The decision by PricewaterhouseCoopers to become a founding member and corporate sponsor of Hawkamah demonstrates their confidence in our initiative and highlights the importance of international corporate support. The practical expertise and wealth of knowledge that they will contribute is invaluable, since PwC is widely recognized as a leader in promoting sound corporate governance and best practices worldwide. With this partnership in place, Hawkamah and PwC will be able to work together effectively to help in the development and implementation of good corporate governance policies in the region, and specifically in the banking and financial sector we have already initiated our joint work through PwC’s support of the Hawkamah World Bank insolvency task force for the MENA region .” Michael Stevenson, Senior Partner, Middle East Region, PwC, said: “In order to continue our efforts to encourage the advancement of corporate governance in the Middle East, our association with Hawkamah is a perfectly logical choice. The presence of Sam DiPiazza, PwC’s Global CEO, during the signing ceremony shows the importance that PwC is giving to this relationship.  We are ready to provide the necessary resources and support needed to enhance the existing regulatory framework, encompassing transparency, accountability, fairness and disclosure, which, combined, are the cornerstones of sound corporate governance. PwC has always been a leader in promoting corporate best practices worldwide and now, with this alliance, we will have the opportunity to bring our international experience and channel it to the benefit of the local and regional markets.” The Hawkamah Institute for Corporate Governance is an international association of corporate governance practitioners, regulators and institutions whose primary mandate is to develop corporate governance best practices in the Middle East region. By promoting the core values of transparency, accountability, fairness, disclosure and responsibility, Hawkamah assists countries and companies in the region to develop and implement sound and globally integrated corporate governance frameworks. PricewaterhouseCoopers provides industry-focused services in the fields of audit and assurance, tax, human resources, transactions, performance improvement and crisis management. With over 140,000 employees in 149 countries, PwC works with public and private clients in 22 specialized practices, focusing on sound governance and transparency to provide solutions in businesses and capital markets across the world. 24
Order of appearance in the picture from left to right is:
  • Michael Stevenson (PwC)
  • Sam DiPiazza (PwC)
  • Dr. Nasser Saidi (Hawkamah)
  • Nick Nadal (Hawkamah)
  • Ashruff Jamal (PwC)

Testimonials

  • The certified Board Secretaries Workshop provided by Hawkamah and Dubai Financial Market is an essential course for learning corporate governance, scope and responsibilities of the board secretary and understanding the governance and disclosure requirements of the Dubai Financial Market and the Securities and Commodities Authority. It is a practical course which combined recent best practices and key learning lessons. I would highly recommend it for people involved in corporate governance and in particular in a listed company.

    Omran Al Zamani - Senior Legal Counsel - Dana Gas PJSC

  • Great program! Very well done and very useful information delivered in an excellent manner. The workshop was very inspirational, energizing, bringing lots of ideas, with both substantial and in-depth knowledge together with case studies. Well-balanced composition of participants, which contributed to interesting and focused discussions and exchanges. I would highly recommend it to anyone that is interested in improving their proficiency and core competencies.

    Hassan Murad Agha - Group Head of Compliance & Internal Control - Gulf General Investment Co. (PSC)

  • All companies should promote their boards, executive managers or staffs who have board responsibilities for subsidiary companies to attend corporate governance training. Hawkamah provides the ability for people and companies in the GCC to upskill in the area of corporate governance and directorship through a comprehensive programme teaching international best practice which has been tailored to regional specific governance issues.

    Alastair Mulligan - VP Asset Management - National Central Cooling Company PJSC (TABREED)

  • 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

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