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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  • "We extend our thanks and appreciation to Hawkamah institute for its cooperation and the effectiveness of the Director Development Program"

    Saeed Al Kaabi - Abu Dhabi Monitoring and Controlling Centre(ADMCC)

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    Hamad Al - Tamimi - Osool Asset Management

  • The corporate Governance in all type of entities adds morality and ensures implementation of the best practices to fulfill the responsibilities of those entities and to ensure the rights of all parties involved, especially those who have no authority to participate in the decision-making cycle.

    Hawkamah institute contributed to enrich the knowledge of these responsibilities and the role of governance for the success of institutional work in accordance with principles that establish values and ethics.

    Ajman Municipality

  • '‘Excellent, well delivered, informative program presented by well-seasoned trainers. The training program has helped transform and empower the Board’s vision and focus our minds on the relevant issues at hand. We sincerely thank you for the training sessions which helped broaden our perspective and decision making processes. We strongly recommend this training to elevate directors to the next level".

    Bank of Maldives

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    Rania Zaatari - Head of Makassed Communal Healthcare Bureau

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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

  • “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

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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

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