The 9th Bank Corporate Governance Award announced by Hawkamah
The 9th Bank Corporate Governance Award announced by Hawkamah
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Hawkamah is launching the 9th Bank Corporate Governance Award, and welcomes the submission of Arab banks to the award until the 1st of September, 2015. During the Award process, applicant banks’ corporate governance practices will be assessed by an independent jury comprising international banking experts. Each bank will receive a report from the jury, allowing the banks to benchmark their own practices. The Award is therefore an excellent chance for banks to benchmark themselves against international best practice and get a report with specific improvements needed on their own corporate governance systems. The award honors banks that have made exceptional efforts to improve their corporate governance practices, and whose achievements serve as a model for other banks in the region. H.E Hamad Buamim, Chairman of Hawkamah commented, “Good corporate governance practices form a crucial pillar in ensuring the long-term sustainability of individual banks and of the banking sector itself. This Award recognizes and rewards those banks that strive towards excellence in corporate governance.” Dr. Ashraf Gamal ElDin, CEO of Hawkamah noted, “We believe in the power of recognition and we are pleased to note that this Award has often acted as a catalyst for corporate governance improvements within banks over the years. This year we are providing each applicant bank a report on their corporate governance practices, which benchmarks their practices on the five key areas; commitment to corporate governance, board, control environment, stakeholder protection and disclosure.” The process of choosing the winners starts with review of all the applications by a prominentindependent jury panel of international corporate governance banking experts, conduct one-on-one interviews with the applicant bank top executives,and announce the winners at a special event organized by Hawkamah before the end of 2015. About Hawkamah Institute for Corporate Governance Hawkamah, The Institute for Corporate Governance is an international association of corporate governance practitioners, regulators, and institutions advancing home grown yet globally integrated corporate governance best practices in the MENA region. Hawkamah's mission is to promote corporate sector reform and good governance, and assist the countries of the region in developing and implementing sustainable corporate governance strategies adapted to national requirements and objectives. By promoting its core values of transparency, accountability,fairness, disclosure, and responsibility, Hawkamah works on policy and practical aspects of corporate governance reform in the region. www.hawkamah.org.

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    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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