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GCC Board Directors Institute Workshop held in Bahrain in partnership with Investcorp

10 Dec 2014

KEY POINTS

  • The workshop was delivered by the GCC Board Directors Institute (“BDI”), the pre-eminent organization for boards and directors in the Gulf, in partnership with Investcorp, the leading provider and manager of alternative investment products, and a founding member of BDI.
  • Built by global experts specifically for the region, BDI is a pioneer in its field, delivering proprietary publications and keynote research reports. Its workshops are designed by board members themselves, focused on improving effectiveness and capabilities across the GCC.
  • The workshop held by BDI in Bahrain this week in partnership with Investcorp was focused on foundations of directorship, highlighting the growing importance of corporate governance for family and corporate businesses alike.

GCC Board Directors Institute (“BDI”) released insights that Board composition and selection were identified as key priorities in the corporate governance choices faced by GCC businesses, as highlighted during the Institute’s Foundations of Directorship Workshop held in partnership with Investcorp on 7-9 Dec 2014 in Bahrain.

Mohammed Al-Shroogi, Investcorp’s President, Gulf Business said “We are delighted once again to work closely with the BDI team. This is the fourth Foundations of Directorship workshop we have hosted to date with the forum representing a valuable knowledge sharing event during which senior board directors from across the GCC discuss a range of issues and challenges facing them today. By sharing real world experiences and best practice solutions, as a group, we are encouraging the adoption of a strong corporate governance culture across the region. This is of critical importance to both regional and international investors, and in turn, central to delivering superior returns to all stakeholders”.

Nathalie Potvin, Executive Director of BDI said “Built by global experts specifically for the region, BDI is a pioneer in its field, delivering proprietary publications and keynote research reports. The workshops are designed by board members themselves, focused on improving effectiveness and capabilities across the GCC through the sharing of best practices and experiences. In doing this, BDI has created a unique network of senior board members, professional advisors and executives.”

Since its inception in 2007, BDI has trained 375 board directors representing over 1,500 companies. BDI’s Foundations of Directorship workshop is hands-on and experiential where participants are presented with contemporary issues and challenges that boards in the GCC are faced with.

The workshop held by BDI in Bahrain this week, was in partnership with Investcorp, a founding member of BDI. Faculty presenters included global business leaders from Allen & Overy, Heidrick & Struggles, McKinsey Company, PricewaterhouseCoopers – BDI’s content partners, as well as a Senior Adviser from the Central Bank of Bahrain. Attending this exclusive and proprietary BDI workshop, were senior executives and board members of the following distinguished companies: Al Fozan Holding Company, Alkifah Holding Company, Alkifah Contracting Company, American University, Automak, FOSAM Company, Kanoo, Investcorp, Ministry of Defense, National Industrialization Company, Ma’aden, Osool Asset Management, SABIC, SALIC, Saudi Arabian Mining Company, Seef Properties, TADCO, State General Reserve Fund, Tasnee and The National Entrepreneurship Institute.