About the Yemeni Institute of Directors (YIoD)
The Yemeni Institute of Directors is considered a unique experiment, adopted for the first time in Yemen through the Yemeni Business Club (YBC), which is the leading Yemeni organization supporting and advocating for the private sector and the International Finance Corporation (IFC) which is a member of the World Bank Group, advances economic development and improves the lives of people by encouraging the growth of the private sector in developing countries. YIoD targets members in the Board of Directors (BoD) and senior management in view of the vital role played by BoD in the growth and development of business corporations. We provide high-quality services through our cooperation with several official entities, such as the Ministry of Industry and Trade, the Central Bank of Yemen, etc., and International Finance Corporation (IFC), which is the strategic partner of YIoD. IFC designed numerous training programs for YIoD and also provided highly qualified and practically experienced trainers and consultants on Corporate Governance topics. Therefore, the quality of programs and services presented by YIoD is identical to the best programs provided by similar institutes internationally and regionally.
To be pioneers in strengthening the concepts and applications of corporate governance locally and regionally.
We in YIoD seek to encourage and direct corporations and companies towards applying concepts and mechanisms of good governance, by means of YIoD carrying out awareness, training programs, consultancies which YIoD provides to the targeted beneficiaries. This is done by taking into consideration the quality of service and by relying on the assistance of an effective partnership with the relative concerned entities, in order to realize the maximum levels of efficiency and effectiveness.
- Increase awareness of concepts and applications of corporate governance in business corporations.
- Build leadership capacities of members of Boards of Directors.
- Build up qualifications of a number of independent BOD members.
- Give special consultancies on governance practices.
- Provide support and advocacy for governance issues.
- Network with identical institutions regionally and internationally.
By working with the Yemeni Business Club business teams, we are helping to develop locally and regionally appropriate frameworks for corporate governance and assistance as well in enhancing communication and dialogue on appropriate policies and ultimately becoming the natural bridge for institutions to encourage corporate governance in the region.
We aim to become a pivotal source of technical assistance, advisory services, oversight, analysis, research, advice, and repair. We have created the Institute of directors as part of our efforts on Governance in order to enhance human capacity building in the Yemen region.