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.

Testimonials

  • 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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