Mudara Institute of Directors (IoD), the sister association of Dubai-based Hawkamah, the Institute for Corporate Governance, has launched its Director Development programme in Saudi Arabia for the first time.

Mudara, which was was established by DIFC in February 2008 to facilitate professional development through education, networking and services to its members, said the programme was being launched with the support of Sedco group.
 
Announcing the launch, Dr Nasser Saidi, executive director of Hawkamah and Mudara IOD said, “The Mudara Institute has trained over 150 directors and aspiring directors serving the region’s boardrooms on corporate governance. I am very pleased we are hosting the workshops in Jeddah for the first time, as it constitutes a great opportunity for us to be closer to our Saudi partners, especially the Sedco group which has been a supporter of our efforts since our establishment.”

“We look forward to future cooperation and continued partnership with the SEDCO Group who is championing the development of Corporate Governance in Saudi,” Dr Saidi stated.

Dr Adnan Soufi, the CEO of Sedco Holding said, “Organizations such as the Institute of Directors help to graduate independent certified managers, which, without a doubt, is a big step forward for corporate governance in the region, and especially the Saudi Market.”

As of February 2012, 10 distinguished directors have joined the Mudara IoD accredited directors pool which is expected to increase over next year, he added.

Mudara has already launched its director development programme in the UAE, Bahrain, Jordan and Oman and will be offering 4 workshops in Jeddah this year.

The workshops are scheduled in March, May, September and October, with the first 2 workshops fully booked, the company said.-TradeArabia News Service