GCC Board Directors Institute Hosts Global Network of Director Institutes Executive Meeting

Meetings Highlighted Policies and Practices for Good Governance Amongst International Director Institutes

Dubai - UAE: 19 March 2019 – The Global Network of Director Institutes (GNDI) held its executive meetings for the first time in Dubai. The meetings were hosted by GCC Board Directors Institute (GCC BDI), a not-for-profit organization that guides board directors of organizations from family-owned businesses to listed companies to acquire the expertise and tools for effective governance.

The four-day event convened 30 CEOs and senior executives from 19 GNDI member institutes from around the world, including the GCC, South Africa, United States, Australia, Canada, the United Kingdom, Europe, Pakistan, the Philippines, New Zealand, Mauritius, Switzerland, Argentina, Russia, Brazil, Hong Kong and Malaysia.  

The GNDI Executive Meeting is aimed at strengthening relationships and sharing corporate governance and director trends through collaboration among the world’s leading director organisations.

Jane Valls, Executive Director, GCC BDI, said: “GCC BDI has been a member of the GNDI for 5 years. We are pleased to have hosted the GNDI’s annual meetings in Dubai, enhancing collaboration amongst director organisations, not only within the region but internationally as well. GCC BDI places a lot of emphasis on effective practice sharing as well as interaction with regional and international counterparts, which further helps to promote advocacy and sound governance practices.”

Angela Cherrington, GNDI Chairperson, said: "We are delighted to have held our executive meetings in Dubai hosted by GCC BDI. It is both a privilege and a pleasure to have so many institutes of directors represented, forming such a distinguished group of organizations.”

She continued: “GNDI represents more than 130,000 individual directors and governance professionals. Our members and attendees collectively have the best knowledge and understanding of directors’ issues, trends and best practices. This meeting was an important platform for knowledge exchange amongst organisations representing board directors.”

The GNDI is an international collaboration that shares expertise in directorship and corporate governance. The network aims to strengthen the voice of directors to advocate for good governance policies and practices as well as educating key influencers on matters relating to boardroom leadership.

Since its inception in 2007, GCC BDI has become the pre-eminent network of board directors and senior executives in the Gulf. The not-for-profit organization works with over 1,200 board directors from over 3,000 blue-chip companies across the GCC, with the objective of raising standards of corporate governance and improving board effectiveness.

 

About GCC BDI

Launched in 2007, GCC BDI is an independent not-for-profit company that guides board directors of organisations, from family-owned businesses to listed companies, to acquire the know-how and tools to reach and sustain effective governance.

GCC BDI was founded by eight leading regional corporations and professional services firms: Saudi Aramco; SABIC; Emirates NBD; Investcorp; McKinsey & Company; Allen & Overy; Heidrick & Struggles; and PwC. It is also supported by the regional regulatory authorities, including the Emirates Security and Commodities Authority of the UAE, the Capital Market Authority and Saudi Arabian Monetary Authority of the Kingdom of Saudi Arabia, the Central Bank and Capital Markets Authority of Kuwait, the Central Bank of Bahrain and the Capital Market Authority of Oman.

GCC BDI’s mission is to enhance board member capabilities, create a strong and influential regional network of board members and disseminate high quality corporate governance knowledge, leading the regional debate on emerging best governance practices. It aims to accomplish these goals through a combination of effective practice and experience sharing, access to global knowledge and interaction with regional and international counterparts.

Over the last 11 years, GCC BDI has grown to become the leading organisation in the region for board directors. It has delivered over 150 programmes and forums to top-tier companies in the Gulf and now comprises over 1200 members, each with extensive knowledge and experience of operating at the most senior levels of business in the GCC.

Today the institute is globally recognized and the only institute of directors from the GCC region to be admitted to the Global Network of Director Institutes.

We encourage you to visit GCC BDI’s website at www.gccbdi.org to learn more.

For more information, please contact:

Imaan Jooma

APCO Worldwide

ijooma@apcoworldwide.com

+ 971 52 671 0528