Risk is on the Corporate Governance Agenda
Risk is on the Corporate Governance Agenda
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Hawkamah and Institute of Risk Management Formalize Relationship

Hawkamah, Institute for Corporate Governance and the Institute of Risk Management (IRM) formalized a partnership agreement today to provide tools to Gulf Cooperation Council (GCC) executives and boards and bring into focus risk management frameworks and techniques.  The partnership includes the offering of a 2-day programme on Fundamentals of Risk Management for Boards and executives, and the development of regional case studies.

“The financial crisis that we’re currently living through has been brought about by a number of factors, central of which is the lack of understanding and implementation of basic risk management frameworks and techniques on the board and executive level.  One of the key aspects of corporate governance that we regularly espouse is the engagement of the board and executives on issues of risk management and controls.  Hawkamah welcomes this partnership with IRM to provide the necessary skills and understanding on various risk management strategies to the board and executive level,” said Dr Nasser Saidi, Executive Director of Hawkamah, Institute for Corporate Governance.

Steve Fowler, Chief Executive of IRM, added, “We are delighted to have this opportunity to work with Hawkamah to enhance risk management within the GCC region. We hope that individuals will find their performance boosted by acquiring internationally recognised professional skills and their employers will benefit from bringing effective risk management practices into their organisations.”

Dr. Saidi concluded:  “We are hopeful that this partnership between Hawkamah and IRM, through our Mudara Institute of Directors, will better equip our companies with the knowledge and experience on how to mitigate future crises.” 

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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