Bank of Sharjah Group Staying on Top of Corporate Governance Developments
Bank of Sharjah Group Staying on Top of Corporate Governance Developments
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Hawkamah Institute for Corporate Governance briefed the Boards of Bank of Sharjah and its subsidiary, Emirates Lebanon Bank on global and regional corporate governance developments last week. The half-day event, designed specifically for Bank of Sharjah Group, focused on corporate governance regulatory developments; emerging trends and discussions on board effectiveness as well as risk oversight to further enhance the Group’s corporate governance development. Bank of Sharjah has always been committed to achieving a high level of governance. Ethical and responsible business practice has been embedded in the Bank’s culture since its inception in 1973. Part of the mission of Bank of Sharjah is to achieve strong and sustainable performance for its shareholders and so organizing a Director Development Programme for all Board members across the Group ensures Directors are clear on how to achieve this through a greater understanding of corporate governance. Sheikh Mohammed Bin Saud Al Qasimi, Vice-Chairman of Bank of Sharjah and Bank of Sharjah representative on the Emirates Lebanon Bank Board recognized the value of such a session: “Both Bank of Sharjah and Emirates Lebanon Bank have a strong focus on Corporate Governance at Board level, we have Board Corporate Governance Committees dedicated to the development and oversight of this fundamental area. Our governance practices have always been tight and our Boards effective, however, it is vital that we, as Directors, stay informed of the latest developments and ensure that we continue to develop corporate governance in line with best practice. Therefore, organizing this session and dedicating time to it was important to the Boards of both Bank of Sharjah and Emirates Lebanon Bank” “We applaud the board of Bank of Sharjah for their commitment to stay abreast of corporate governance developments through this board briefing. Hawkamah’s recent engagements are highlighting a growing demand from corporate boards in the region to learn more about recent corporate governance thinking and what these boards can do to steer their companies in the right direction, ” said Nick Nadal, Director of Hawkamah Institute for Corporate Governance. Hawkamah and its sister-institute Mudara Institute of Directors work with bank and corporate boards to bridge the corporate governance gap in the region through director development programmes, corporate and board assessments, recognition programmes, and engagement in policy task forces.

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  • 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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