General Secretariat Of The Executive Council of Abu Dhabi Becomes Platinum Conference Sponsor

Published October 5th, 2009 - 02:33 GMT

The Abu Dhabi Center for Corporate Governance (ADCCG), which aims to effectively promote and positively contribute to the development of the national economy by introducing highest standards and practices of corporate governance, today announced its keynote speakers who will be addressing its First Annual Conference on Corporate Governance in Abu Dhabi.

The ADCCG today also announced General Secretariat Of The Executive Council of Abu Dhabi (GSEC) as the Platinum Sponsor for the conference. The Executive Council is an administrative body entrusted to propose public policies and strategies to be decided on by the Executive Council. In addition, ADCCG announced the Emirates Securities and Commodities Authority (ESCA) as the Gold Sponsor. ESCA is the specialized regulatory body in the UAE that regulates and monitors the licensing of securities in the market and one of its major goals is to improve the efficiency of the financial markets and protect investors from unfair and incorrect practices.

The conference, which is scheduled to be held on October 14, 2009, will witness the presence of the region’s leading economists, financial experts, Government leaders and corporate heads.

Among others, the corporate governance conference will witness the participation of personalities such as H.E Mohamed Rashed Al Hamli, Director General, Abu Dhabi Chamber of Commerce and Industry (ADCCI), Dr Hoe Ee Khor, Head of Economic Development & Chief Economist, Abu Dhabi Council for Economic Development and Alissa Koldertsova, Policy Analyst, Organisation for Economic Co-operation and Development (OECD).

“It is indeed a matter of pride for ADCCG to host some the region’s most eminent and visionary professionals at the 1st Corporate Governance conference. We are confident that the thoughts and insights shared by the participating individuals will not only educate the audience about the current trends in the realm of Corporate Governance, but will also effectively support our mission to enhance the economic performance of the country by adopting best Corporate Governance practices” said H.E Khalfan Saeed Al Kaabi, Chairman, Abu Dhabi Center for Corporate Governance

The one day conference which is titled “Corporate Governance in the UAE: Current Realities ... Future Prospects” has been categorised in three sessions which will begin at 9 A.M and will conclude at 5 P.M. The conference will witness the keynote speeches and panel discussions on a wide array of topics that includes Local Laws and regulation on Corporate Governance in UAE, International Best Practices of Corporate Governance and Applications of Corporate Governance on various industries.

Commenting on the Executive Council’s decision to support the conference as Platinum sponsors, H.E. Ali Rashed Al Ketbi, Deputy General Secretary of the Public Administration Directorate, General Secretariat of the Executive Council of Abu Dhabi (GSEC) said “Corporate Governance, today is one of the most relevant concepts as the implementation of its principles has an endearing effect on not only the financial but also the socio-economic development of the Country.”

“At The General Secretariat Of The Executive Council of Abu Dhabi, we are delighted to support the 1st Annual Conference on Corporate Governance in the UAE as the Platinum Sponsors for the event. We are confident that the conference will provide a new dimension towards increased understanding of the principles of Corporate Governance and will also set the tone for a more sustained discussion on this significant topic” added Al Ketbi.

ADCCG, which has been established by the Abu Dhabi Chamber of Commerce and Industry (ADCCI), advocates the strategic development and adaptation of innovative corporate governance practices, designed to enhance the economic competitiveness of Abu Dhabi. This is achieved primarily by raising awareness, professional development, and providing consultancy and advisory services to businesses and government entities.

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