As an extension of the advisory services provided by the Yemeni Institute of Directors, the Institute implemented for the second time the Yemen Mobile Company Governance Project for Mobile Phones 2021 after the company submitted a request to implement two board evaluation services (self and external) and diagnose the company’s governance practices and prepare reports for the project to be presented to the General Assembly. The project is approximately 5 months old and has passed through the following stages:
The Institute’s advisory team obtained a set of basic files about the company.
– Coordinating the implementation of the external evaluation interviews of the Board of Directors (10 interviews with the stakeholders of the Board of Directors and its committees and several shareholders in the company).
– Coordination to attend two workshops that include the Governance Committee in addition to the Executive Director, the Financial Director, the Director of Human Resources, Internal Audit and Risk Management, to diagnose governance practices within the company and analyze the gaps.
– Coordination to attend the meeting of the Board of Directors to do the self-assessment of the Board.
– Unpacking and analyzing data related to the self- and external assessment tools of the Board of Directors and diagnosing governance practices within the company.
– Read and interpret information to conclude.
– Preparing reports on the results of evaluation and diagnosis, including recommendations for improvement, which will form an action plan for corporate governance applications during the coming stages
