Hawkamah and Mudara IOD to speak at Ethics Gulf 2009 Conference

Senior officials of the “Hawkamah” Institute for Corporate Governance and the “MUDARA” Institute of Directors will speak at ETHICS GULF 2009: Ethics, Governance & Corporate Compliance Gulf Summit to be held from 27 – 29 April 2009 at Shangri-la Hotel, Dubai.

Nick Nadal, Director of Hawkamah Institute for Corporate Governance will be leading the “Corporate Governance in the Gulf” workshop at the Summit on 27 April, providing the audience with an in-depth insight into corporate governance in the Gulf region while William Foster, Executive Director of MUDARA Institute of Directors will join the conference panel on 28 April, discussing the “Roles & Responsibilities in Corporate Governance and Preventing Financial Leakage & Fraud”.

Organised by Beacon Events, ETHICS GULF seeks to examine the extent of fraud and corruption in the Gulf region with a focus on the development of internal governance structures. The Summit will discuss issues such as internal controls, bribery, corruption, compliance and business conduct as well as detecting and preventing fraud and managing investigations, government initiatives and improving transparency to boost partner opportunities with foreign companies.

Nick Nadal said: “The global financial crisis is, in many ways, a crisis of governance. It is critical that companies in the Gulf region take steps to strengthen their ethical, compliance and corporate governance frameworks to ensure they are not exposed to the same risks and vulnerabilities that led to the crisis. ETHICS GULF 2009 provides an excellent opportunity to discuss some of these issues in the region.”

William Foster said: “Effective boards and governance structures as well as strong ethical and compliance practices are vital to sustaining the growth of companies in the current economic environment.. ETHICS GULF 2009 offers a very good platform to explore how strong ethical, compliance and governance practices can help firms address the challenges they face today.”

Other experts who will be speaking at the conference include John Sardar, Region Compliance Counsel, Middle East & Asia Pacific, Baker Hughes;Fazal Hussain Gaffoor, Chief Internal Auditor, Central Depository Company Of Pakistan; Peter Connor, Head of Legal – Europe, Citrix; Bapsy Dastur, Senior Counsel – Middle East, Africa & India, General Electric International; Mark Krutsinger, Vice President, Commercial Law – Eastern Hemisphere, Halliburton; Justin Connor, General Counsel, Meraas Capital;and Peter Dyer, Senior Director, Governance And Risk Management Global Sales & Services, Sun Microsystems.

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