The Central Bank of the United Arab Emirates and the International Finance Corporation, the private sector arm of the World Bank, today organized a conference in support of bank corporate governance reforms in the MENA region. Some 150 senior representatives from the banking sector, attended this event to discuss how best to move the corporate governance reform agenda forward. Participants were from the UAE, other Gulf Cooperation Council countries, and the wider Middle East and North Africa region.
“This conference was organized in the context of recent trends and developments in corporate governance. These developments are international—with the revision of key corporate governance guidelines and best practices by the OECD and the Basel Committee—and also regional—with the launch of reform initiatives across the Middle East and North Africa region,” said the Governor of the UAE’s Central Bank, H.E. Sultan Bin Nasser Al Suwaidi. “The conference is a unique opportunity to address some of key bank governance issues in our country and the wider region, as well as develop a tailored approach to these issues moving forward.”
See full Press Release.
Posts
