Hawkamah/Mudara and ICLIF Launch Bank and Insurance Board Governance Programmes
Hawkamah/Mudara and ICLIF Launch Bank and Insurance Board Governance Programmes
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Hawkamah and ICLIF signs an MOU Dubai-based Hawkamah Institute for Corporate Governance, its sister institute Mudara Institute of Directors and the Kuala Lumpur-based ICLIF Leadership and Governance Centre (formerly known as the International Centre for Leadership in Finance )joined forces today to develop and implement a practical programme for regional bank boards to raise awareness and build their capacity to fulfil their fiduciary duties as directors. Announcing the launch of the partnership, Dr Nasser Saidi, Executive Director of Hawkamah, Institute for Corporate Governance said: “Regional codes of corporate governance issued by both capital market authorities and Central Banks have highlighted the growing focus on the responsibilities of corporate directors in ensuring proper oversight of very important regional financial institutions that are supporting the region’s economic growth.” Dr Saidi added, “With our sister institute, Mudara Institute of Directors, we have actively trained over 150 directors and aspiring directors serving the region’s board rooms on corporate governance. This partnership with ICLIF is a welcome addition to our course offering as it provides board members of regional financial institutions with key insights on the strategic evolution of their industry. Part of our director development accreditation programme, the Mudara/Hawkamah/ICLIF courses on banking insights, insurance insights, and corporate finance are aimed at the Board level, equipping directors with practical knowledge on the ever-changing industry and supporting each director’s duty of due diligence and care as they serve their board tenure. We plan to roll out our joint offering to the Middle East and North Africa countries working with banking associations, Central Banks, bank regulators and supervisors. ” Developed jointly by Bank Negara Malaysia and the Malaysian Deposit Insurance Corporation (PIDM,) the ICLIF Leadership and Governance Centre is a full service provider of usable leadership development, organizational performance, Corporate governance programmes and advisory services that are designed to enable sustainable and responsible business growth. The Governance Centre in particular seeks to enhance boardroom governance and develop world class directors who are advocates of best practices and excellence in corporate governance. Mr. Rajeev Peshawaria, CEO of ICLIF, stated, “We are very pleased with our newly-formed association with Hawkamah and Mudara; Dr. Saidi and these institutions are a pioneer in promoting the importance of sound corporate governance practices in the Middle East, much as we have been in the Far East. Our organizations complement each others, and our vision are entirely compatible.” Former Harvard Business School Professor of Management Practice, Nabil ELHAGE, Program Director for ICLIF, added, “We are delighted to have teamed up with Hawkamah and Dr. Saidi to bring Harvard-quality educational programmes to the Arab World. We look forward to offering a vigorous curriculum in this region.” Hawkamah Institute for Corporate Governance is a regional ‘think-and-do’ institute whose mission is to bridge the corporate governance gap in the Middle East and North Africa. Hawkamah developed its sister institute, Mudara Institute of Directors to support the development of professional directors serving regional board rooms. Mudara offers a four-part director development programme, developed and supported by the Global Corporate Governance Forum and the International Finance Corporation, all over the region.

Testimonials

  • "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)

  • 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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