Riyadh-Saudi Arabia: The GCC Board Directors Institute (GCC BDI), a not-for-profit organisation that guides board directors of organisations in acquiring the know-how and tools to reach and sustain effective corporate governance, has launched its new Chartered Director Programme in partnership with The Financial Academy.
This marks the final stage of the GCC BDI Director Development Programme, which was initially launched in 2019 with the Certificate in Board Directorship, then closely followed by the Diploma in Board Directorship in 2020.
The GCC BDI Director Development Programme has been especially designed for GCC BDI by Dr Chris Pierce, CEO of Global Governance Services and former Director of Professional Standards at the Institute of Directors in the UK, and is tailored to the specific challenges faced by directors in the GCC region, as well as the regional regulatory frameworks. The Chartered Director Programme builds upon the knowledge and skills acquired from the Certificate and Diploma levels and encourages participants to develop and apply their competencies and fulfil their role as professional board directors.
The Chartered Director Award is a professional designation conferred by the GCC BDI and the Financial Academy. The designation is awarded to individuals who have successfully demonstrated their abilities to a panel of experienced and distinguished directors and subject matter experts by leading a change activity within their organisation and making an individual project presentation to the panel.
Obtaining the Charted Director Award means a director has demonstrated the appropriate senior leadership skills in order to execute change within their organisation. A director with an award of Chartered Director is equipped to make a valuable contribution to any board.
Jane Valls, Executive Director of GCC BDI, said: “We are thrilled to launch the final stage of the GCC BDI Director Development Programme in partnership with The Financial Academy. The Chartered Director Programme focuses on the real-life application of the knowledge and skills acquired from the Certificate and Diploma in Board Directorship. The Chartered Director Award is internationally recognized as the flagship qualification for any board director and we are delighted to be able to deliver this programme, in partnership with the Financial Academy, to the best directors in the region.”
Mana Alkhamsan, Managing Director, The Financial Academy, Saudi Arabia said: “The Financial Academy is delighted to again be partnering with GCC BDI in delivering this important programme for senior board directors. Chartered Directorship is internationally recognised as the highest professional qualification for a board director and we look forward to helping more directors from the region obtain this prestigious qualification.”
About the GCC Board Directors Institute:
Launched in 2007, GCC BDI is a not-for-profit organisation that guides board directors of organisations, from family-owned businesses to listed companies, to acquire the know-how and tools to reach and sustain effective corporate governance.
GCC BDI is supported by seven leading regional corporations and professional services firms who serve as our strategic partners: First Abu Dhabi Bank, SABIC, Saudi Aramco; Allen & Overy; Heidrick & Struggles; McKinsey & Company; and PwC. We are also supported by the regional regulatory authorities, including the Central Bank and Capital Market Authority of Saudi Arabia, the Emirates Security and Commodities Authority of the UAE, the Central Bank and Capital Market Authority of Kuwait, the Central Bank of Bahrain and the Capital Market Authority of Oman. Our Corporate Affiliate sponsors include ELM, NBB, SABB, Saudi Investment Bank, Sipchem, STC and Tasnee.
GCC BDI’s mission is to enhance board member capabilities, create a strong and influential regional network of board members and disseminate high quality corporate governance knowledge, leading the regional debate on emerging best governance practices. It aims to accomplish these goals through a combination of effective practice and experience sharing, access to global knowledge and interaction with regional and international counterparts.
GCC BDI has grown to become the leading organisation in the region for board directors. It has delivered over 300 programmes and forums to top-tier companies in the Gulf and now comprises over 2200 members, each with extensive knowledge and experience of operating at the most senior levels of business in the GCC.
Today the institute is globally recognized and the only institute of directors from the GCC region to be admitted to the Global Network of Director Institutes.