Press Releases

The Institute, in collaboration with the Financial Academy, has lately welcomed the 50th Certified Board Director from the region into its fold, after announcing a growth in membership to 2,000 in February 2021.

The global representation of women in economic sectors that contribute to national GDPs, and specifically in leadership roles, remains abysmally low.

In collaboration with the Emirates Securities & Commodities Authority (SCA), the GCC Board Directors Institute (GCC BDI), a not-for-profit organisation that helps board directors acquire the expertise and tools for effective governance, held a webinar to focus on the roles typically expected of directors (both collectively and individually) and the legal duties, obligations and liabilities which they face. The webinar was attended by over 70 board directors and senior executives.

The United Arab Emirates has made great strides in gender inclusion and diversity in organizations’ boardrooms and is leading the way in the Gulf Corporation Council (GCC) region, the Executive Director of the GCC Board of Directors Institute told Al Arabiya English.

The GCC Board Directors Institute (GCC BDI) reported an 82 percent surge in its membership in Saudi Arabia last year.

• Membership of GCC BDI Surges to 2,000
• 38% Increase in Number of Companies Seeking to Benefit from Best Corporate Governance Practices Over Previous Year

Saudi Arabia Vision Invest certifies its directors through GCC Board Director Institute’s Certified Board Director programme

The GCC Board Directors Institute (GCC BDI) in collaboration with The Financial Academy today awarded graduation certificates to the first cohort of 40 board directors and board secretaries that successfully completed the Institute’s two distinct programmes. In light of the social distancing norms enforced by the ongoing COVID-19 pandemic, the graduation ceremony was held virtually.

There is a lack of clarity when considering the Force Majeure provisions for businesses in the region as a result of the COVID-19 pandemic. It is imperative that each contract must be considered on its own precise terms and in its specific context. This in turn puts a huge onus on companies and employers to act responsibly towards all their stakeholders and especially their employees in these extraordinary circumstances.

The GCC Board Directors Institute (GCC BDI) has signed a Memorandum of Understanding (MoU) with The Financial Academy, mandated with developing and growing the capabilities of human capital in the financial sector. The collaboration aims to enhance knowledge exchange in the GCC region.