BIBF conducts Corporate Governance Masterclass for Financial sector Executives and Directors
BIBF recently concluded a two days Masterclass on Corporate Governance for the Board of Directors and Senior Executives in the financial services sector in the island at the Ritz Carlton Hotel.
The programme was based on Central Bank of Bahrain (CBB) recommendations on upskilling senior executives newly inducted Board members and updating current Board members on Corporate Governance. The programme was designed with a special focus on Delivering the Strategy and Risk management to benefit the Executive Management in “controlled functions” to support their individual competencies to remain competent in their roles, fulfilling part of their annual training needs.
The Masterclass was attended by several board members and senior management members from the financial services sector in Bahrain such as Al Baraka Islamic Bank, Al Salam Bank, National Bank of Bahrain (NBB), Standard Chartered (SCB), ICICI Bank, and Ithmar Bank.
BIBF Director Ms Solveig Nicklos stated, “BIBF conducts these programmes regularly, consistent with the requirements of the Corporate Governance Code of Bahrain, which has laid special impetus on the role of the Board in promoting good governance across organisations in the Kingdom. We are pleased to have had the opportunity to run this for the financial services sector in the Kingdom of Bahrain”.
Deen Jayah, Head of Banking said “We are very pleased with the overwhelming response and positive feedback that we have received from the senior bankers who attended this two day programme on Corporate Governance in Strategy and Risk management. The participants were briefed on global best practice through case based learning techniques. BIBF Banking Centre is currently working on training senior management of Banks with particular focus on institution’s strategy to shape their future direction and risk models.”
The Masterclass was led by Mr. Seamus Gillen – A leading Board Advisor. Mr. Gillen has worked extensively with boards and senior executives in the UK, the UAE, Qatar, Oman, Hong Kong China, India, Malaysia, South Africa and the Baltic States.