30 November 2015
Manama, Kingdom of Bahrain: Bahrain Mumtalakat Holding Company ("Mumtalakat"), today kicked off its second Mumtalakat-INSEAD Directors Programme (MIDP), after the successful completion of its first edition last year for over 30 directors.

The training will be conducted over a period of three months and will consist of 3 modules. The first module of the programme will be held at the Bahrain International Circuit ("BIC") for a duration of 3 consecutive days.

The training is a corporate governance training initiative for Mumtalakat's directors and the representative directors appointed to the boards of its portfolio companies.The programme is designed to provide Mumtalakat's existing and newly appointed representative directors with an overview of practical and tested frameworks as well as tools to refine judgment, sharpen decision-making and strengthen their oversight abilities.

The programme is highly interactive and participants will be bringing their own experiences into the discussions and simulated boardroom sessions where real life scenarios were emulated to empower the directors to come up with answers and insights in a limited time. The main purpose of the various sessions and modules is to provide them with clear benchmarks and guidelines to enable them to make sound decisions as board members.

Commenting on the training programme, Mr. Mahmood Hashim Al Kooheji, CEO of Mumtalakat said: "After our successful completion of the first edition of the Mumtalakat INSEAD Directors' Programme, we are pleased to kick off the second edition of the programme this year. We are proud to be working with INSEAD to deliver this programme, which marks our strong commitment towards achieving the highest standards of corporate governance. We are committed to continuously improving these standards not only at Mumtalakat, but also within our portfolio companies, and this training programme is the ideal tool to serve these objectives."

"INSEAD is privileged to partner with Mumtalakat on such an elite programme with distinguished executives in its second edition," says Ludo Van der Heyden, The INSEAD Chaired Professor of Corporate Governance and Academic Director of the INSEAD Corporate Governance Initiative. "There has been plenty of attention and discussion on the corporate governance front, as a result of the financial crisis. The course, which really is our International Directors Programme, but offered in Bahrain for Mumtalakat Directors, aims to equip participants with a profound understanding of the role governance plays in corporate performance, and stimulate discussion with regards to best practices and governance behaviors. By equipping executives with high level language, principles and tools they will be better able to adopt strong governance practices into their own professional contexts and also become both more informed participants in governance debates and more effective governance actors."

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About Mumtalakat
Bahrain Mumtalakat Holding Company ("Mumtalakat") was established in June 2006 as an independent holding company to actively manage and grow a diverse portfolio of commercial assets.

Mumtalakat manages its portfolio with the objective of enhancing the performance and returns of its assets. Furthermore, it actively seeks to invest in commercially sound and sustainable opportunities locally, regionally and internationally.

About INSEAD, the Business School for the world
As one of the world's leading and largest graduate business schools, INSEAD brings together people, cultures and ideas to change lives and to transform organisations. A global perspective and cultural diversity are reflected in all aspects of our research and teaching.

With campuses in Europe (France), Asia (Singapore) and Abu Dhabi, INSEAD's business education and research spans three continents. Our 148 renowned Faculty members from 40 countries inspire more than 1,300 degree participants annually in our MBA, Executive MBA, specialised master's degrees (Master in Finance, Executive Master in Consulting and Coaching for Change) and PhD programmes. In addition, more than 9,500 executives participate in INSEAD's executive education programmes each year.

In addition to INSEAD's programmes on our three campuses,  INSEAD participates in academic partnerships with the Wharton School of the University of Pennsylvania (Philadelphia & San Francisco); the Kellogg School of Management at Northwestern University near Chicago; the Johns Hopkins University/SAIS in Washington DC and the Teachers College at Columbia University in New York; In Asia, INSEAD partners with School of Economics and Management at Tsinghua University in Beijing and China Europe International Business School (CEIBS) in Shanghai.  INSEAD is a founding member in the multidisciplinary Sorbonne University created in 2012, and also partners with Fundação Dom Cabral in Brazil.

INSEAD became a pioneer of international business education with the graduation of the first MBA class on the Fontainebleau campus in Europe in 1960. In 2000, INSEAD opened its Asia campus in Singapore. And in 2007 the school began an association in the Middle East, officially opening the Abu Dhabi campus in 2010.

Around the world and over the decades, INSEAD continues to conduct cutting edge research and to innovate across all our programmes to provide business leaders with the knowledge and sensitivity to operate anywhere. These core values have enabled us to become truly "The Business School for the World."

More information about INSEAD can be found atwww.insead.edu.

For further information please contact:

Bahrain Mumtalakat Holding Company:
Nada Abdulghani
Corporate Communications
Direct: +973 1756 1281
Email: Nada.Abdulghani@bmhc.bh

INSEAD Abu Dhabi :
Zeina Sleiman
Mobile:  +971 50 640 31 91
Email: Zeina.SLEIMAN@insead.edu
Direct
: +971 2 651 5320

© Press Release 2015