Riyadh-Saudi Arabia: 25 April, 2019 – The GCC Board Directors Institute (GCC BDI), a not-for-profit organisation that guides board directors of organizations, from family-owned businesses to listed companies, to acquire the know-how and tools to reach and sustain effective governance, launched its new Director Certification Programme in partnership with The Financial Academy, an institute that develops and grows the capabilities of human capital in the financial sector.
The launch, marks the commencement of a programme that encompasses the core knowledge and awareness necessary to function effectively as a director. Specially designed for GCC BDI by Dr Chris Pierce, CEO of Global Governance Services and former Director of Professional Standards at the Institute of Directors in the UK, the programme provides a structured roadmap for director development. Tailored to directors in the GCC region, the modules focus on knowledge, understanding, skills, mindsets, attitudes and values.
The first stage of the programme is The World of Directorship, a Certificate in Board Directorship course. Upon completing the four modules and passing the assessment test, The Financial Academy and GCC BDI will award the successful participants with the Certified Director (Cert.Dir.) title. A Cert.Dir. can further advance their development with the Mastering the Boardroom diploma, followed by the Chartered Director module.
Jane Valls, Executive Director of GCC BDI, said: “We are pleased to launch our new Director Development Programme in partnership with The Financial Academy. GCC BDI’s expertise, combined with strong corporate governance, regulatory knowledge and practical director experience, enables us to deliver programmes of exceptional quality.”
She added: “One of our core mandates is to make a positive impact on the economies and societies within the GCC region through raising the level of board effectiveness and professional directorship. We urge all chairmen, executive and non-executive directors, board secretaries and committee members to enrol in the programme.”
Mana Alkhamsan, Managing Director, The Financial Academy, Saudi Arabia said: “We are proud to partner with GCC BDI to deliver The World of Directorship that seeks to hone the participants’ proficiency and skills in the boardroom. I am confident that the programme will play a vital role in shaping highly qualified directors across the region.”
Obtaining the Certificate in Board Directorship demonstrates an internationally accepted level of understanding of corporate governance. The programme fully prepares directors for their roles, boosts their knowledge and confidence, and empowers them to make a valuable contribution to any board.
GCC BDI is the only directors’ institute from the region to be admitted to the Global Network of Director Institutes. With over 1,300 members, the organisation is globally recognised as the most influential network of senior board directors in the GCC region.
About the GCC Board Directors Institute
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, 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 160 programmes and forums to top-tier companies in the Gulf and now comprises over 1300 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:
+ 971 52 671 0528