Feb 27 2012

Crescent CEO awarded Professional Director Accreditation at IoD Mudara

Crescent CEO awarded Professional Director Accreditation at IoD Mudara
Majid Jafar: IoD Mudara important as professional association for the Region's Directorcommunity

Majid Jafar,CEO of Crescent Petroleum, the region's oldest private oil and gas company, has been awarded the Professional Director Accreditation from Institute of Directors Mudara, a membership organisation serving board members, directors and governance professionals in the Middle East and North Africa (MENA) region.

Upon joining the list of IoDMudara's accredited directors at a ceremony in Dubai with Dr. Nasser Saidi, Executive Director, Hawkamah and Mudara IOD, Mr. Jafar expressed his appreciation and pride: "On a personal level, I sit on many boards - private, public and non-profit, so keeping current with the emerging best practice in the emerging field of corporate governance is important to me."

Mr. Jafar, who is also Vice-Chairman of the Crescent Group of Companies, which includes interest in energy, transportation, logistics, private equity and real estate sectors, and a member of the Board of Directors of Dana Gas and of the Sharjah Chamber of Commerce and Industry, will join what is the region's leading, professional membership organisation representing the interests of directors and board members, as one of only ten Accredited Directors in the region to receive the professional qualification.

"Looking at the GCC and MENA Region, IoDMudara is meeting the real and a growing need for a respected professional association that self-regulates corporate governance practices among the Director community, while acting as a unified voice when speaking to regulatory bodies and governments, and providing valuable training and networking opportunities," Majid Jafar added.

Headquartered at the Dubai International Financial Centre (DIFC) in the UAE, Mudara IoD promotes director excellence by advocating the interests of boards and facilitating professional development through education, research, information, networking and dialogue. The organisation has as its mission to establish an internationally recognised institute committed to best practices for directors by offering professional development and networking, providing research and information, providing ancillary services, establishing a network of branches, and creating a network of partnerships with directors institutes and other recognized organisations.

© Press Release 2012

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