The Yemeni Institute of Directors (YIoD), one of the entities of the Yemeni Business Club (YBC), on Tuesday and Wednesday 25-26 August 2020, in cooperation with the International Finance Corporation (IFC), implemented the third part of the board member program approved in its seventh version for members of the board of directors of the Yemeni Islamic Insurance Company and Yemen Mobile Where the program focused in its financial part on the financial details of the board of directors and what matters to board members to know about financial management. Participants in the program will complete the last part according to the program’s plan in the legal topic.
|For the first time in Al Hudaydah Governorate and in cooperation with the Al Hudaydah Chamber of Commerce and Industry,The Yemeni Institute of Directors conducts an introductory workshop on corporate governance in Al Hudaydah GovernorateOn Thursday morning, 18 May 2017, the first introductory workshop was held in Al Hudaydah governorate on corporate governance, which targeted a number of businessmen in the governorate, In the workshop, Dr. Muhammad Ismail Hamana, Secretary General of the Yemeni Business Club Board of Directors gave a speech welcoming the participants and reviewed the goals of the Yemeni Business Club and a historical brief on the origins and development of activities in the field of governance, leading to the establishment of the Yemeni Institute of Managers, which has become the main bearer of the concept of governance and its applications in the sector The Yemeni Special, reviewing the efforts made by the Yemeni Institute of Directors in cooperation with its strategic partner, IFC.For his part, Mr. Mohamed Abdel Wahid, Director General of the Chamber of Commerce and Industry of Hodeidah gave a brief speech in which he welcomed the attendees, thanking the organizers of this workshop for their interest in educating the private sector in the province with such concepts that its application would improve performance in private sector institutions and companies, Then the Hodeidah Chamber was honored with the Yemeni Institute Shield of Directors, presented by Eng. Ghadeer Al-Moqhafi, Acting Director of the InstituteThis was followed by the start of the training workshop, which lasted for about three hours, which included the definition of governance, its concepts and basic principles, responsibilities and tasks of the relevant parties, in particular the corporate boards, and the desired benefits from applying those concepts and challenges facing the applications of governance,The meeting was attended by a number of commercial houses in Hodeidah Governorate, and a group of businessmen and interested people.|
Here, specifically from the governorate of Ibb and in cooperation with the Ibb Chamber of Commerce and Industry, The Yemeni Institute of Managers is implementing an introductory workshop on companies in Ibb Governorate.
On the morning of Sunday, May 21, 2017, the first introductory workshop was held in Ibb governorate on corporate governance, which targeted a number of businessmen in the governorate. In the workshop, Brother / Sami Sabha, a member of the Board of Directors, gave a speech welcoming the participants and expressed his happiness at the presence of an economic partner such as the Chamber of Commerce , Reviewing the efforts made by the Yemeni Institute of Directors in cooperation with its strategic partner, IFC, For his part,Mr. Abd El-Elah El Khatib, member of the Board of Directors of the Chamber of Commerce and Industry – the head of the services department, gave a brief speech in which he welcomed the attendees, thanking the organizers of this workshop for their interest in educating the private sector in the province with such concepts that its application would improve performance in private sector institutions and companies.
Then, the Ibb Chamber was honored with the Yemeni Institute Shield for Directors, presented by Eng. Ghadeer Al-Moqhafi, Acting Director of the Institute.
It is worth noting that most of the ancient commercial houses in the governorate attended the workshop and showed their interaction with the concepts that were put forward by the institute team, and on his part, Sheikh Qasim Al-Absi, the deputy governor of Ibb, attended.
This was followed by the start of the training workshop, which included the definition of governance, its concepts, basic principles, responsibilities and tasks of related parties, in particular companies’ boards of directors, and the desired benefits from applying those concepts and challenges facing the applications of governance.
On Wednesday morning, May 24, 2017, an introductory workshop was held on the principles and applications of Yemeni corporate governance in the conference hall at Emirates Sky Hotel, Khor Maksar, Aden. The rest of the businessmen attended in Aden and attended by brother Adnan Al-Kaf, Undersecretary of Aden for Development Affairs, This workshop was organized by the Yemeni Businessmen Club in Aden, the Chamber of Commerce and Industry in Aden in partnership with IFC (International Finance Corporation – a branch of the World Bank for Private Sector Lending) and the Yemeni Institute of Managers, Who ran the workshop and provided interventions and working papers in the workshop.
In the workshop, there were serious discussions about all aspects of corporate governance and its necessity, and experiences of what happened to some corporate family businesses in Aden were reviewed, and the meeting came out with the need to promote these principles and work to apply them more widely in all family companies in order to ensure their sustainability and continuity in order to contribute to the activity Economic and service in order to achieve development in its capabilities and performance and thus its profitability.
On Thursday, corresponding to October 26, the Yemeni Institute of Directors concluded the first part of the BDS program for the fifth edition with a diverse participation of representatives of Yemeni companies and banks. The program has focused in its first part on the principles and rules of governance and the composition of boards of directors and evaluation will be complemented by the participants in the program parts of the three remaining according to plan the program, God willing, in both the strategic, financial and legal issues and various associated with corporate governance and banks.
The Yemeni Institute of Directors of the Yemeni Business Club, in partnership with the International Finance Corporation, inaugurated on 27-28 September 2014 the accredited board member program – the second batch where the program culminated in its first installment with success and tangible results for members of boards of directors in companies that participated in the program by improving its level of performance And its board members. The program was entitled to the second batch, in the presence of 24 trainees of members of boards of directors in various Yemeni companies and banks. This inauguration was attended by Mr. Fathi Abdel Wasea Hail, Chairman of the Yemeni Business Club and Mr. Mohamed Murad Mutahar, member of the Board of Directors of the Institute, where Professor Fathi stressed in his speech the importance of attending the program And how much benefit it brings to companies. Professor Mohamed Murad praised the efforts of the companies participating in the program to achieve best practices, which in turn help to develop their performance. Also, Professor Saif Al-Din Awni, the program’s trainer from the Arab Republic of Egypt, welcomed the trainees from all companies and the trainers participating in the program, who are Dr. Adel Al-Huraibi and Professor Zainab Al-Haimi and Professor Anwar Mahyoub Blessed and who had a prominent role in the success of the first part of the program The approved board member program is one of the most important programs implemented by the institute because of its clear benefits to companies, as it provides an in-depth view of the duties and main roles of board members, their legal responsibilities, the role of the board of directors in general in addition to the concept of corporate governance. In addition to practical training on tools to develop corporate governance within the organization.
The Yemeni Institute of Directors organized, in cooperation with the Central Bank of Yemen, a workshop on “Governance and its dimensions on the strategic success of banks” on Thursday,
11/6/2014 AD, in the presence of fifty participants, in addition to researchers and academics in the field of governance. During which three worksheets were presented.
The participants in the workshop recommended the following:
1. That the boards of directors conduct a periodic self-evaluation of the extent of applying the principles of the governance guide and implementing corrective actions in light of the evaluation process
2. That banks train and develop the capabilities of members of boards of directors after ensuring their choice includes a mix of experiences, skills, and executive departments to activate their roles in developing the performance of banks
3. Implementing a series of awareness-raising programs for leaders and workers in banks on banking governance in the light of the banks guide
4. Activating the role of boards of directors in the process of continuous guidance and oversight in an effort to improve the performance of banks
5. Working on the periodic evaluation of the boards of directors periodically in order to continuously improve the performance of the council in the processes of directing and monitoring the performance of banks.
6. The boards of directors of banks must establish a governance committee within a short period of time.
7. Continue to hold workshops and programs for members of boards of directors in banks. 8. Work workshops and training programs for executive leaders in banks.
The Yemeni Institute of Directors in cooperation with the International Finance Corporation (IFC) concluded on 3-4 December the final and final part of the training program, a series of skills development for members of boards of directors. This part addressed the legal aspects of corporate governance and its relationship to Yemeni laws and legislation. .
In introductory seminar on corporate governance concepts, held in Sana’a, on Sunday 21-12-2014, was organized by the Yemeni Institute of Directors of the Yemeni Business Club in cooperation with the Faculty of Administrative Sciences at the University of Science and Technology.
The seminar, in which a number of Yemeni university students participated, aimed at introducing and educating and spreading the concepts and principles of governance in the business community.
The symposium discussed a number of working papers on the concepts of governance and its dimensions on economic development, in addition to the most prominent principles of governance and its applications.
In the symposium, the President of the University of Science and Technology, Dr. Hamid Aqlan, and the Dean of the University’s College of Administrative Sciences, Dr. Murad Al Nashmi, pointed out the importance of the symposium in spreading awareness among the university’s students about governance, its application and its role in the development process.
They affirmed that the university seeks to include governance in the university’s curricula, noting that successful institutions depend on good governance, transparency and the fight against corruption.
For his part, a member of the board of directors of the Yemeni Institute of Directors, Sami Sabha, reviewed the goals and program of the symposium, noting that this symposium comes within a series of awareness-raising events, including the governance organized by the institute by the Yemeni Business Club.
He stressed that the symposium aims to involve all those interested in the administrative, accounting and legal field in disseminating the concepts of governance and its applications to ensure the continuity and development of the Yemeni economy. . Pointing out that governance guarantees the continuity and growth of private sector companies, as well as leading to the practice and application of its principles to improve the performance of institutions and companies and enhance the elements of their continuity, in addition to the stability and development of public and private financial markets.
The Yemeni Institute of Directors, in cooperation with the University of Sheba, established today an awareness event on corporate governance for graduate students, within the activities of the awareness forum on the concepts of governance.