In cooperation with the GCC Board Directors Institute (GCC BDI), the Securities and Commodities Authority (SCA) held a forum titled “Latest Trends and Best Practices in Corporate Governance: Duties and Responsibilities” on Wednesday, January 22, at its Dubai branch.
Speakers at the forum included an elite group of board directors from the GCC BDI in addition to officials from SCA’s Governance Section. The forum covered a variety of topics, including the latest trends and best practices in corporate governance, duties and responsibilities of members of boards of directors, and the controls governing general meetings of shareholders. It brought together representatives from public and private joint-stock companies as well as family-owned businesses from the UAE and the GCC states.
It is worth noting that the GCC BDI was established in 2007 as a not-for-profit organization that aims to guide the boards of directors of organizations, from family-owned businesses to listed companies, to acquire the know-how and the tools to achieve and sustain effective governance. Its mission is to strengthen corporate governance across the GCC region through capacity building and promotion of sound governance practices.