Jeddah Business Leaders Focus on Building More Effective Boards
Jeddah Business Leaders Focus on Building More Effective Boards
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MBO hosts Mudara Institute of Directors for Corporate Governance Discussion

Mudara Institute of Directors. the sister institute of Hawkamah Institute for Corporate Governance delivered a session for Menaret Business Organization (MBO) to discuss the traits of world class board directors and how to create a more effective board level group-think. Increasingly across the region, the importance of effective and functional boards is a topic of interest.

Dr. Nasser Saidi, the Executive Director of Hawkamah Institute for Corporate Governance, commented: “We are delighted to partner with the Menaret Business Organization to focus on the urgent need to build the capacity of directors serving regional board rooms, in order to support the region’s economic growth and development. The role of the private sector in job creation and economic diversification cannot be under-estimated. But key to private sector engagement and performance are competent and capable directors and executives making well-informed decisions on a firm level. A framework and regulations for corporate governance are already in place in the Kingdom; the challenge that the private sector is facing is to go beyond regulations and focus on the implementation of good corporate governance practices that supports value creation, both for listed companies as well as the majority of unlisted, family owned enterprises. Hawkamah and its sister institute Mudara were created precisely to support private sector empowerment and development as a foundation of sustainable economic growth.”

Osama Jamjoom, Chairman from MBO welcomed the joint initiative: “I would like to thank Mudara Institute for this event to MBO members.  The session and discussions were very informative and useful to enable MBO members to become more effective board directors and follow international best practices.  As a matter of fact, the content of the discussion is well aligned with MBO objectives which is to assist its members to be better leaders through higher values.” 

The dinner with Jeddah’s prominent businessman and decision makers coincides with Mudara concluding its first DDP in Jeddah on the 8th of May. Mudara Institute of Directors has rolled its distinguished DDP programme in Jeddah for the first time this year with the support of the SEDCO Holding.  Mudara Institute will be running the DDP programme again in Jeddah in September and October of 2012.               


  • "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)

  • "The Director Development Program was very rich in useful information and added a lot to us, and the trainers’ experience, skills and capabilities had positive impact on delivering the information to us in a direct and clear manner"

    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

  • "I would like to thank Hawkamah for the ESG Reporting training , I found the two days ESG Reporting training very informative and helpful and I have definitely received some tools that I will use in my work"

    Rania Zaatari - Head of Makassed Communal Healthcare Bureau

  • "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

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