DIFC Authority Appoints Hawkamah Board
DIFC Authority Appoints Hawkamah Board
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The Hawkamah, Institute for Corporate Governance, a regionally recognized driver of corporate governance reform, announced today the appointment of Hawkamah’s Board of Directors. Hawkamah’s Board comprises the following members: Chairman: HE Hamad Buamim, Director General of Dubai Chamber of Commerce and Industry. Vice Chairman: HE Maryam Buti Al Suwaidi, Deputy CEO for Licensing, Supervision & Enforcement of Securities and Commodities Authority. HE Sheikh Hussein A. Al-Banawi, Chairman and Chief Executive Officer of The Industrial Group, Jeddah, KSA. Peter Montagnon, Senior Investment Advisor, Financial Reporting Council, UK. Dr. Sameer Alansari, CEO of PEPlus Advisors. Hawkamah, Institute for Corporate Governance was formed in 2006 as a regional initiative founded by the Dubai International Financial Centre (DIFC) and supported by the Organisation for Economic Co-operation and Development (OECD), World Bank’s International Financial Corporation (IFC), Center for International Private Enterprise (CIPE), Union of Arab Banks (UAB), and others to bridge the Middle East and North Africa regional corporate governance gap. Over the past six years, Hawkamah has succeeded in working with regional regulators and companies to identify and address the region’s corporate governance challenges through its various policy task forces, research and publications, advocacy activities and awards programmes, company and board-level engagements, and its Mudara Institute of Directors. H.E. Abdulaziz Al Ghurair, DIFCA Board chairman said, "As Hawkamah grows in scope, the Board will play a key role in ensuring Hawkamah’s thought leadership, regulator and company engagements, development programmes, and other initiatives will flourish. Clearly there is a regional need for institutions such as Hawkamah, and this board’s active engagement will be crucial to the development of Hawkamah and its regional corporate governance work." HE Hamad Buamim, the newly elected Hawkamah Board chairman noted, "On behalf of the Board, we are looking forward to taking what Hawkamah has accomplished in these few years to new heights, continuing the corporate governance dialogue that Hawkamah and Mudara have initiated but also providing practical and well-honed solutions to challenges faced by many of the region’s public and private sectors."

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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