GCC Board Directors Institute (GCC BDI), the region’s leading not-for-profit organisation for corporate governance and board effectiveness, has tied up with First Abu Dhabi Bank (FAB) to uphold best practices in corporate governance.
 
GCC BDI thus joins the ranks of Saudi Aramco, Sabic, Allen & Overy, Heidrick and Struggles, McKinsey & Company and PwC.
 
As a GCC BDI Strategic Partner, FAB has nominated Pradeep Rana, Group Chief Risk Officer, to participate in GCC BDI’s Board of Governors meetings and will be actively involved in shaping GCC BDI’s strategy and mission across the region to enhance board member capabilities, create an influential network of board members and disseminate high quality corporate governance knowledge.
 
Commenting on the partnership, Jane Valls, Executive Director at GCC BDI, said: “This strategic partnership with First Abu Dhabi Bank aligns with GCC BDI’s objectives to strengthen corporate governance in the GCC region through capacity building, advocacy and promotion of sound governance practices. Focusing on these areas will help regional companies create long-term value and embed governance into their organisational structure and strategy.”
 
Rana said: “As the UAE’s largest bank, we are honoured to become a Strategic Partner of GCC BDI and to support its objectives to raise the region’s economic competitiveness by upholding sound corporate governance and ethical business practices. This partnership is a testament to FAB’s commitment to a corporate governance framework that combines strong leadership, accountability, transparency with a culture of integrity.”

 

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