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."


  • 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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