|24 April, 2019

Markaz hosted a tailored Governance Program offered by Nestor Advisors

In its continuous endeavor to strengthen the skills of its leaders

Markaz hosted a tailored Governance Program offered by Nestor Advisors

Kuwait: – Keen to enhance the leadership skills of its teams, Kuwait Financial CentreMarkaz” hosted Nestor Advisors, a leading global firm in corporate governance advisory services, to offer a tailored governance program for Markaz employees who are Nominee Directors and members of the Corporate Affairs team.

The “Nominee Director Development Program” was held on April 24th 2019 at The Chairman’s Club. It was delivered by Mr. Stilpon Nestor, Founder and Managing Director of Nestor Advisors, a former Head of OECD Corporate Governance Department, along with Mr. Florian Sommer, Principal at Nestor Advisors and formerly Corporate Governance Associate at Cartica Management.

The collaboration between Markaz and Nestor Advisors provided a platform to share expertise in providing custom training to boards and senior management on corporate governance, internal controls and risk management. The seminar addressed the key areas of the role of the board, the role of nominee directors, and related board dynamics.

Manaf A. Alhajeri, Markaz Chief Executive Officer, stated, “Markaz believes in the importance of empowering its leaders and employees and enhance their skills. Therefore, Markaz hosts such seminars and programs regularly to continue our mission in building a sustainable wealth for our clients and partners. Responsible and informed board membership is a core competency for our industry seniors.”

He added, “Our collaboration with Nestor Advisors affirms Markaz’s culture to perform at the highest proficiency level, build confidence in a competitive market and support careers that fulfill both professional and personal goals.”

Nominee Directors and members of the Corporate Affairs team came away with a fully rounded understanding of corporate governance concepts, and with an increased awareness of how to approach theirresponsibilities as board members of investee companies.

Nestor Advisors is a London-based advisory firm founded in 2003, specializing in corporate governance and organizational design. Nestor Advisors has worked with the boards and senior management of financial institutions, companies and not-for-profit organizations in Europe, Middle East, Africa, Latin America and Asia. The firm concentrates on improving decision making, organizational structures, controls and incentives.

-Ends- 

About Kuwait Financial Centre “Markaz”

Established in 1974, Kuwait Financial Centre K.P.S.C “Markaz” is one of the leading asset management and investment banking institutions in the MENA region with total assets under management of over KD 1.09 billion as of 31 December 2018 (USD 3.60 billion). Markaz was listed on the Boursa Kuwait in 1997. 

For further information, please contact:
Media & Communications Department
Kuwait Financial Centre K.P.S.C. "Markaz"
Tel: +965 2224 8000
Fax: +965 2246 7264
Email: ssaad@markaz.com    
www.markaz.com   

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases