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Sunday, April 21, 2024

BHB, BIBF holds Corporate Governance Workshop

BHB, BIBF holds Corporate Governance Workshop
BHB, BIBF holds Corporate Governance Workshop

(Manama) – Bahrain Bourse (BHB) recently organized in collaboration with Bahrain Institute of Banking and Finance (BIBF) an advanced training workshop for BHB’s Board of Directors and Executive Management on “Corporate Governance”. The workshop focused mainly on the role of the Board in the overall strategy of the Bourse and the general actions taken by the Bourse to mitigate the risks related to the general stratagem of Bahrain Bourse.

Sh. Khalifa Bin Ebrahim Al Khalifa, Bahrain Bourse Chief Executive Officer stated that organizing this workshop comes as a result of realizing the importance of the implementation of Corporate Governance in creating an integrated environment that facilitates the implementation of strategies of institutions in general and financial institutions in particular.

Sh. Khalifa also added that we at the Bourse are committed to undertake all the necessary procedures to adopt the best international practices in a way that will ensure the best utilization of human and financial resources to achieve BHB’s objectives.

The BIBF’s Deputy Director Dr Ahmed Abdulhameed Al Shaikh stated, “The significance of this specific training workshop is manifested being the first Corporate Governance training workshop for Board of Directors’ level. The BIBF conducts these training workshops to be consistent with the requirements of the Corporate Governance Code of Bahrain, which has laid special impetus on the role of the Board of Directors in promoting good governance across the organisation. We are pleased to have had the opportunity to run this for Bahrain Bourse, the leading bourse regionally”.

It was led by Mr. Seamus Gillen – a leading Board Advisor. Mr. Gillen has worked extensively with boards and senior executives in the UK, the UAE, Qatar, Oman, Hong Kong, China, India, Malaysia, South Africa and the Baltic States.

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