All posts by : Safaa alsayagi

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.

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

6. The boards of directors of banks must establish a governance committee within a short period of time.

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.