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MUMTALAKAT LAUNCHES DIRECTORS PROGRAMME [Daily Tribune (Bahrain)](Daily Tribune (Bahrain) Via Acquire Media NewsEdge) Bahrain Mumtalakat Holding Company (Mumtalakat), the investment arm of the Kingdom of Bahrain, has launched International Directors Programme, a corporate governance training initiative for its nominee directors appointed to the boards of its portfolio companies. The training programme is held under the patronage of Deputy Prime Minister and Chairman of the Board of Directors for Mumtalakat Shaikh Khalid bin Abdulla Al Khalifa in partnership with INSEAD, the leading international business school. INSEAD has designed the customised executive development and training programme to provide Mumtalakat's directors to refine judgment, sharpen decision making and augment their oversight abilities. The programme is highly interactive and participants brought their experiences into the discussions and simulated boardroom sessions where real life scenarios were emulated to empower the directors to come up with answers and insights in a limited time. The main purpose of the various sessions and modules is to provide them with clear benchmarks and guidelines to enable them to make sound decisions as board members. CEO of Mumtalakat Mahmood Al Kooheji said: "Mumtalakat is committed to constantly improving corporate governance and transparency across our organisation and within our portfolio companies to create world-class organisations. Mumtalakat's approach is to combine good governance with highly-skilled and capable board members to add value to our stakeholders. The programme aims to serve these objectives by empowering our directors to make decisions that are in the best interests of the companies they are appointed to and their respective shareholders." Professor of Technology and the Chair in Corporate Governance at INSEAD Ludo Van der Heyden is the programme director. (Send your comments to [email protected]) copyright (c) 2014 Daily Tribune. All Rights Reserved Provided by SyndiGate Media Inc. (Syndigate.info). |