DUBAI,UAE, April 26, 2015
/PRNewswire/ --
Under the patronage oh HH Sheikh Saud
Bin Saqr Al Qasimi, member of the supreme council, Ruler of
Ras Al khaimah, a group of 25 senior members of the Ras Al Khaimah government authorities and
corporations participated in the Building Better Boards tailored
workshop delivered by the GCC Board Directors Institute (BDI) in
RAK on 21-22 April, 2015.
(Photo:
http://photos.prnewswire.com/prnh/20150426/740572 )
Board directors from various RAK government entities including
the Investment and Development Office, RAK properties, RAK
Insurance, RAK Bank, Ras Al Khaimah Tourism Development Authority,
RAK Free Trade Zone Authority & Ras Al Khaimah Investment
Authority and RAK Chamber of Commerce and Industry completed the
two-day program which focused on Board effectiveness. Topics such
as Board Composition, Effective Board Dynamics, Roles of the Board,
and Director Duties and Liabilities were covered.
Dr. Mohamed Abdullatif, the
Director of Sheikh Saqr Program for Government Excellence said:
The Government of Ras Al
Khaimah is very keen to create the right conditions for
sustainable board excellence. Effective governance will undoubtedly
contribute to the achievement of the strategic vision of the
Emirate. We are very confident that such leadership commitment to
professional development will ensure long term success and we are
very proud to partner with BDI for this initiative.
Nathalie Potvin, Executive
Director of the BDI said: "This program is very unique and it
indicates that RAK government is looking at the board suite as the
vehicle to create growth and a sustainable future. We are honoured
to have collaborated with them for this very important initiative.
RAK has established itself as a dynamic business hub and the
Emirate's commitment to sound corporate governance standards are
evidenced through this program."
About the GCC Board Directors Institute
BDI is the pre-eminent organization in the GCC for boards and
directors. It was launched in 2007 by a combination of four leading
regional corporations: Investcorp, SABIC, Saudi Aramco and Emirates
NBD; four leading advisory firms: Allen & Overy, Heidrick &
Struggles, McKinsey & Company and PricewaterhouseCoopers; and
with the support of regional regulatory authorities: the Emirates
Security and Commodities Authority of the UAE, the Capital Market
Authorities of both Saudi Arabia
and Oman, the Central Bank of
Bahrain and the Qatar Financial
Centre Regulatory Authority.
The Institute's mission is to make a positive impact on the
economies and societies of the region by promoting professional
directorship and raising the level of board effectiveness. Its main
objectives are to:
● Enhance GCC board member capabilities and further their
understanding of best practice board governance;
● Create a regional network of board members;
● Disseminate high quality corporate governance knowledge;
● Put corporate governance higher on the region's agenda.
BDI has delivered over 35 workshops for senior board directors
and counts over 500 members who, through their membership in the
Institute, have gained access to an exclusive network of
like-minded board directors and business leaders.
For more information on BDI, please visit the Institute's
website at: http://www.gccbdi.org or contact the
Institute directly at getinvolved@gccbdi.org.
MEDIA CONTACTS
GCC Board Directors Institute
Mira Alrabi
Marketing & Communications Manager
mira.alrabi@gccbdi.org
SOURCE GCC Board Directors Institute