The GCC Board Directors Institute, GCC BDI is pleased to announce its strategic partnership with the Oman Investment Authority, OIA, marking a crucial step toward enhancing governance standards across the Gulf region. This collaboration underscores a unified commitment to excellence in governance and leadership, risk management and regulatory compliance, as well as board effectiveness.
As part of this partnership, GCC BDI recently delivered the tailored Oman Investment Authority Board Development Certification, aiming to equip board members with the essential skills and knowledge required for excellence in governance. The programme engaged 56 participants in both practical and theoretical learning experiences, shaping forward-thinking leaders pivotal to reinforcing the national economic framework.
Supported by a prestigious consortium of regional corporations and professional services firms, including First Abu Dhabi Bank, National Bank of Bahrain, SABIC, Saudi Aramco, Allen and Overy, Heidrick and Struggles, McKinsey and Company, and PwC, the GCC BDI is at the forefront of enhancing governance standards in the Gulf region.
GCC BDI, founded in 2007, has emerged as the organisation for board directors in the Gulf region, delivering more than 600 programmes and forums to top-tier companies and boasting a network of over 4,200 members. Its commitment to enhancing corporate governance practices remains unwavering, backed by support from regional regulatory authorities.
As a Strategic Partner of the GCC Board Directors Institute, GCC BDI, the Oman Investment Authority, OIA has appointed His Highness Sayyid Juland Jaifar Al Said, Chief of the Governance, Risk, and Compliance, GRC Directorate, to represent OIA at GCC BDI’s Board of Governors meetings. In this capacity, His Highness will play an active role in guiding GCC BDI’s strategic direction and mission, aimed at strengthening board member competencies, fostering a robust network of influential board members, and promoting the dissemination of best practices in corporate governance across the region.
Muhammad Al Shoorgi, Chairman of GCC BDI, added: “Oman Investment Authority’s commitment to this partnership demonstrates a shared vision for driving governance standards. Together, we will foster a culture of excellence that not only enhances our respective organisations but also contributes significantly to the economic development of the region.”
GCC Board Directors Institute is supported by nine regional corporations and professional services firms who serve as our strategic partners: First Abu Dhabi Bank, National Bank of Bahrain, Oman Investment Authority, SABIC, Saudi Aramco, Allen and Overy, Heidrick and Struggles, McKinsey and Company, and PwC. GCC BDI aims to enhance board member capabilities, create a strong regional network of board members, and disseminate high-quality corporate governance knowledge.
As the organisation for board directors in the region, GCC BDI is globally recognised and the only director institute from the Gulf region admitted to the Global Network of Director Institutes, GNDI. Its mission is to strengthen corporate governance in the GCC through capability building, advocacy, and promoting sound governance practices, with a vision to be the pre-eminent institute for boards and directors in the GCC, promoting the highest professional standards of corporate governance and professional directorship.
