New role for Hawkamah chief
Dubai, September 22, 2011
Executive director of Hawkamah Institute for Corporate Governance, Dr Nasser Saidi, has been appointed to the board of governors of the International Corporate Governance Network (ICGN).
The ICGN is a global membership organisation of institutional investors, experts, academics, and companies with a mission to raise standards of corporate governance worldwide.
Over 500 delegates from 50 countries in the global governance community convened in Paris for the ICGN Annual Conference last week.
Dr Saidi, who was also appointed chair of the membership committee, said: “This appointment constitutes recognition of the work done by the Hawkamah Institute of Corporate Governance over the past five years. The prospects of this collaboration between Hawkamah and ICGN are very promising, engaging Hawkamah and the Mena region in the shaping of global corporate governance agenda and shareholders and investors debates.”
“I will aim to be the voice of emerging markets in the ICGN and on its board,” he said.
Christianna Wood, ICGN chairman of the board of governors, said: “We are fortunate to have three new board members, each of whom brings experience, unique expertise and geographical diversity to the Board.”
The other two appointed directors are Erik Breen, head of responsible investing and senior vice-president at Robeco in the Netherlands, and Carol Hansell, senior partner, Davies, Ward, Phillips & Vineberg LLP joining from the Canadian practice specialising in governance.
ICGN members, engaged in corporate governance from multiple fronts, are institutional investors representing aggregate funds under management close to $18 trillion.
Members include professionals from the field of investment, business and policy makers extending across global capital markets.
The network’s goal is to help raise corporate governance standards around the world. The organisation supports cross-border dialogue and works through its various committees to influence corporate governance public policy utilising various channels including conferences and publications.
The Hawkamah Institute was constituted as a landmark organisation to promote better corporate governance in the Middle East and North Africa region. It works with governments and the private sector to bridge the region’s corporate governance gap. – TradeArabia News Service
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