The Bankers' Society of Bahrain recently announced Gulf Finance House B.S.C. (GFH) as the Platinum Sponsor for the upcoming Corporate Governance Conference, which will be held on Sunday, 28 November 2004 at The Gulf Hotel. The one-day conference hosted by the Bankers' Society of Bahrain is under the patronage of H.H. Shaikh Ahmed Bin Mohammed Al Khalifa, Governor of the Bahrain Monetary Agency (BMA).
The Conference, which is targeting Board Chairmen and Directors, Chief Executives, General Managers, Senior Managers, Business Owners, Regulators, Lawyers and Legal Advisors, Auditors and Stock Exchange officials, will focus on an in-depth analysis of corporate governance and address recent developments and issues surrounding effective and efficient corporate governance, as well as presenting the latest executive management guidelines and practices for responsible organizational direction and management.
"In an age where transparency and integrity are essential for a solid business foundation, we felt compelled to fully support this important conference, which should not be overlooked by any successful business leaders," stated CEO of GFH, Mr. Esam Janahi and Board Member.
Mr. Saleh Hussain, Head of Bankers' Society Social and Informational Committee commented saying, "It is an honour for such a prestigious company that is at the cutting edge of the rapidly expanding international Islamic banking industry, to support this key conference. GFH stands as a testament of the potential in employing a proficient corporate governance system."
Renowned local and international speakers will be speaking on various topics such as: What is Corporate Governance? Board, Director, Chair, and CEO role definition, Board and Organizational structure, Corporate Governance as a tool for fraud prevention, the role of the regulatory and competitor environment, Governance Models and Standards, the role of an audit committee, conducting a Governance Review on your organization, and case studies illustrating both efficient and unsuccessful Corporate Governance.
GFH's commitments to the Islamic Sharia philosophy of wealth management has shaped the structure of their investment products and given direction to their innovation. Established on October 16, 1999 in the Kingdom of Bahrain as an Islamic investment bank, GFH has a paid-up capital of US$ 135 million and an authorized capital of US$ 300 million.
Early this year, GFH was nominated as the `Most Innovative Islamic Finance House ' by Euromoney magazine, the London-based journal specializing in global capital and money markets.
GFH's portfolio of investment opportunities demonstrates the commitment to contributing to the economic and social progress of the GCC and MENA region while providing the ability to diversify risk outside the region. Some of their major projects include: Bahrain Financial Harbour, Al Areen Desert Spa & Resort, Lebanon's Arab Finance House, "Solidarity" - Takaful life assurance, annuity savings products, car, education and medical takaful -offering Islamic products and services to individuals and Bahrain's Royal University for Women.
GFH also promotes intra-regional airline, MenaJet which started its operations from Lebanon recently. The bank is now increasingly playing a regional role by promoting and investing in major infrastructural projects across the Middle East.
The Golden sponsors for the conference are Khaleej Finance & Investment and Gulf International Bank. Unicorn Investment Bank, Bank of Bahrain & Kuwait, and Saudi National Commercial Bank are the Silver sponsors. National Bank of Bahrain, Seef Properties and Standard Chartered Bank have supported the event as the Bronze sponsors.
For more information and to register for Corporate Governance Conference, please contact: The Conference Organizers, T &M EVENTSC OM on Tel. 17-226 775 or email cgc@eventscom.net or go online to www.eventscom.net/governance.asp
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Issued on behalf of Bankers' Society of Bahrain by T &M EVENTSC OM. For further information, please contact Maddy Vayagool on Tel: (+973) 17-226 775 Fax: (973) 17-226 698
© Press Release 2005
