24 October 2016

Manama, Kingdom of Bahrain - Mr. Mahmood Hashim Alkooheji, Chief Executive Officer of Bahrain Mumtalakat Holding Company (“Mumtalakat”), took part in a Corporate Governance panel during INSEAD’s Global Business Leaders Conference, which took place today in Abu Dhabi.

The panel session was titled “The Changing Face of Corporate Governance in the World”, where Mr. Alkooheji gave his insight on the changes affecting corporate governance.

During the session, Mr. Alkooheji highlighted that the Kingdom of Bahrain has taken key steps in ensuring that Corporate Governance Principles are applied in public companies. In 2010, Bahrain established its Corporate Governance Code for publicly listed companies. Although the Code currently applies to listed companies, Mumtalakat encourages its portfolio companies, whether listed or unlisted, to operate in compliance with the Code.

Mr. Alkooheji also confirmed Mumtalakat’s commitment towards achieving the highest standards of corporate governance, and the company’s aim to continuously improving these standards not only at Mumtalakat, but also within its portfolio companies.

© Press Release 2016