Hawkamah announces the appointment of Board Chairman Dr Ahmad Al Shaikh and a new Board member
Hawkamah announces the appointment of Board Chairman Dr Ahmad Al Shaikh and a new Board member
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The Hawkamah Institute for Corporate Governance announced that HE Dr Ahmad Al Shaikh has been elected as the Chairman of the Hawkamah Board, replacing outgoing Chairman HE Hamad Buamim. Alya Al Zarouni, Executive Vice President of Operations at Dubai International Financial Centre (DIFC) Authority, has been appointed as a member of the Hawkamah Board.

Commenting on the appointments, Dr Ashraf Gamal El Din, Hawkamah’s CEO, said, “Dr Ahmad Al Shaikh brings a wealth of expertise to this role as an experienced Board Chairman and Vice Chairman and as the member of several councils and advisory boards. He has been actively involved with Hawkamah since he joined the Board over a year ago. We also welcome our newest Board member Alya Al Zarouni, who has held several senior roles at DIFC Authority. She adds a lot of value to Hawkamah and brings the percentage of women on the Hawkamah Board up to 40%.”

Dr Al Shaikh is the Managing Director of Hassan Bin Al Shaikh Group, which has holdings in the printing, manufacturing and real estate sectors. In addition to 35 years of experience at the Group, Dr Al Shaikh is involved with several public and private sector organisations as the Chairman of DUCAB and a Board member of the General Pension and Social Security Authority, with previous roles including Chairman of Ducab HV and Vice Chairman of Emirates Islamic Bank.

Dr Al Shaikh said, “I look forward to this new opportunity, and to guiding Hawkamah as it continues to build on its accomplishments. Corporate governance is especially relevant in this time of significant change in the Middle East and North Africa.”

Dr Al Shaikh added, “The Hawkamah Board will benefit from Mrs Al Zarouni’s expertise in strategy, quality management, digitalisation, operational efficiency and organisational development as Hawkamah takes its advisory services to new levels.” 

In her current role as Executive Vice President of Operations at DIFC Authority, Mrs Al Zarouni’s primary objective is to ensure that the Centre’s management framework and internal operations are well-aligned to support the delivery of DIFC’s 2024 Strategy and its objectives. Prior to this role, Mrs Al Zarouni was the Authority’s Senior Vice President of Government & Registry Services and a Director at the Project Management Office of DIFC. 

Since its establishment in 2006, the Hawkamah Institute for Corporate Governance has led the way to better corporate governance in the Middle East and Africa. The Institute was originally founded as a ‘think-and-do tank’ to research, advocate, advance and develop good corporate governance practices in the region by providing regulators, companies and organisations with practical tools to improve corporate governance. Corporate governance refers to the mechanisms and processes that a company’s leadership employs to guide the organisation. Hawkamah’s mission is to promote corporate sector reform and good governance by assisting regional countries and companies with the process of developing and implementing good and sustainable corporate governance policies, strategies and practices that enhance value creation.

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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