Hawkamah announces 5th annual regional conference in Oman 'A New Leaf: The Growth of Corporate Governance in the Region'
Hawkamah announces 5th annual regional conference in Oman 'A New Leaf: The Growth of Corporate Governance in the Region'
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Hawkamah-Institute for Corporate Governance, Oman Capital Market Authority’s Oman Centre for Corporate Governance and the Organisation for Economic Co-operation and Development (OECD) will hold its 5th annual regional conference from October 31 to November 1, 2010 at the Al Bustan Palace Hotel, Muscat, Oman. Under the theme: “A New Leaf, The Growth of Corporate Governance in the Region”, the conference will discuss how regulators, investors and companies across the world and the region have responded to the current financial crisis reassessing the adequacy of their governance frameworks especially in areas of risk management, executive remuneration, and board and shareholder responsibilities.  More importantly, the conference will debate the best way forward for the region to respond to these evolving global realities and ensure the region’s competitiveness in the global marketplace. The conference will feature prominent speakers from close to 20 countries and is expected to attract over 300 governance practitioners, regulators, thought leaders, academics, Board members, CEOs, CFOs, CROs and members of the media from across the region and the world. “Hawkamah’s Annual Conference has grown over the past few years and is now well-recognised as the pre-eminent gathering that has actively shaped the corporate governance landscape in the region.  The ultimate aim of the Annual Conference is to engage policy makers, practitioners and corporates from the region to share ideas and best practices on the best way forward for corporate governance in the region, through a series of panels and interactive sessions. The recent financial crisis and other developments across the region and the world have emphasized the need for corporates, regulators and investors to build on recently developed corporate governance frameworks and focus on effective implementation,” said Dr. Nasser Saidi, Executive Director of the Hawkamah-Institute for Corporate Governance. The conference will specifically tackle corporate governance challenges in banks and financial institutions, listed companies, family-owned enterprises, state-owned enterprises, and private equity. There will also be an exclusive, high-level meeting for regulators and stakeholders on insolvency and creditor/debtor rights in the region within the context of the newly-formed Forum for Insolvency Reform in MENA (FIRM).  Supported by the World Bank, INSOL International, OECD, UNCITRAL and others, the FIRM is a regional multi-stakeholder initiative to share international and regional practices in designing and modernizing insolvency and restructuring frameworks for our region. Hamid Sultan Al Busaidy, Director of Oman Corporate Governance Centre, Capital Market Authority of Oman on behalf of HE Yahya Al Jabri, Executive President of Capital Market Authority of Oman, (one of the partners of the conference) said, “We are delighted to partner with Hawkamah and co-organize this regional annual conference, offering regional participants a platform to debate the extent of corporate governance implementation in the region and discuss corporate governance developments in the region. Oman’s corporate governance journey since 2002 when we  introduced the first-ever corporate governance code in the Arab world have shown us that corporate governance frameworks and expectations have to evolve as markets and companies develop.  This conference allows for the region to share best practices and advance on corporate governance reform.” Dr. Grant Kirkpatrick, Head of Division, Corporate Affairs, OECD commented, “The regional meeting in Oman is an important opportunity to gauge the level of regional corporate governance developments and discuss any implementation challenges, since it is the implementation of the relevant regulations – not the lack of them – that was the key issue in the past several years in OECD member countries”. Sponsors of the conference include Robeco, Thomson Reuters, Oman International Bank and Oman Arab Bank.  Media partners include Banker Middle East, Islamic Business & Finance and Business Pioneer. 77_s From Left to Right:
  • Mr. Hamid Al Busaidy, Director of Oman Corporate Governance Centre, Capital Market Authority of Oman
  • Dr Nasser Saidi, Executive Director of Hawkamah


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

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

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    Fida Kanaan – Director – Executive education  OSB AUB

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    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)

  • 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

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