13 Nov 2012
Investcorp hosts the 13th GCC Board of Directors Workshop on Corporate Governance
HER EXCELLENCY SHAIKHA MAI BINT MOHAMMED AL KHALIFA, MINISTER OF CULTURE OF THE KINGDOM OF BAHRAIN TO DELIVER SPEECH
Samer Majali, Gulf Air CEO to Deliver Keynote Address at the Corporate Governance Workshop
Investcorp, a leading provider and manager of alternative investment products and the GCC Board Directors Institute (BDI) will be running a two and a half day workshop on Corporate Governance at the Kempinski Grand & Ixir Hotel in Bahrain from December 10 – 12, 2012. Participants at the workshop will hear from faculty members of leading advisory institutions on building board members’ capabilities and will have the opportunity to engage in extensive peer discussions.
Her Excellency Shaikha Mai bint Mohammed Al Khalifa, Minister Of Culture of the Kingdom of Bahrain, will address the topics of Culture and Bahrain at the BDI alumni dinner on the second night of the workshop, whereas Samer Majali, CEO of Gulf Air, will deliver the keynote speech on “Establishing a Strong Corporate Governance Framework at Gulf Air,” during the welcome dinner.
This is the third workshop hosted by Investcorp and the thirteenth in a series of workshops on corporate governance conducted by the BDI. On hosting the workshop Mohammed Al-Shroogi, Investcorp’s President, Gulf Business said: “We are very pleased to be hosting, once again, the BDI Director Workshop on Corporate Governance. In my interactions with analysts and investors, it is becoming more and more apparent that, apart from looking at a business’ financials, all stakeholders attach a great deal of value to corporate governance. There is strong evidence that those companies that have good corporate governance frameworks tend to perform better than those that have weak corporate governance.”
“We are thrilled to have Investcorp host the workshop,” said Dr. Abdullah Al-Abdulgader, Founding Executive Director of the BDI. “Investcorp has been leading by example in the region, having established a strong corporate governance culture and a robust framework in the belief that good corporate governance helps in delivering superior returns to all stakeholders.”
The workshop will be attended by board members and CEOs of some of the leading corporate entities and institutions in the region, including Saudi Aramco, Saudi Arabian Mining Company (MA’ADEN) and Emirates NBD.
Dr Al-Abdulgader added: “During the workshop we will be sharing with the attendees how corporate governance is now being included as one of the key items which determines the ranking and competitiveness of economies globally, along with other intangible areas such as corporate responsibility, corporate strategy and risk mitigation.”
Each year, BDI organizes several workshops tailored to help senior directors promote good corporate governance practices within their boards. BDI workshops are structured so that sessions are limited in size and provide opportunities for rich dialogue between peers.
In addition to having BDI’s content partners share latest knowledge and best practices on corporate governance, participants enrich these sessions by sharing real case, experiences and challenges faced by their own boards.