DIFC Establishes Mudara- The Institute of Directors (IOD)Press Release 12 Feb 2008 10:58 am
Professionalism and excellence through Institution membership
The Dubai International Financial Centre (DIFC) today announced the establishment of - Mudara- The Institute of Directors (IOD), a leading initiative for the region to promote excellence at board level and facilitate professional development through education, networking, and services to members.
His Excellency Dr Omar Bin Sulaiman, Governor of the DIFC, said: "As the business landscape in the Middle East continues to develop at a rapid rate, it is important to develop professional and independent directors, and for existing directors to continue to improve their skills and performance. Mudara- The Institute of Directors will play a significant role in providing accredited education programmes for directors across the region, and guiding members to follow best international practices. IOD will build an exclusive base of Board members in the region through its membership profile ".
Mudara- The Institute Of Directors (IOD) is a representative body for directors and professionals in leading corporations in good business principles and practices with membership drawn from private and public sector enterprises in the Middle East and North Africa region (MENA). Established at the DIFC, the IOD's vision is to be the region's leading international best practice professional membership organisation for directors.
Under the leadership of its Executive Director, Khalid Al Sowaidi, and its Executive Director of Operations, William Foster, the Mudara- Institute Of Directors (IOD) aims to promote board effectiveness, so as to make a very positive contribution to the performance of enterprises and economies, and thereby, to the wellbeing of the region.
IOD will provide a range of services and relevant governance information to members through organised communications and activities, such as dialogue, advocacy, conferences, seminars, courses and advisory services.
In addition to offering a wide range of services, IOD will enable members to benefit by drawing from the experience and expertise of a network of IOD branches and partnerships with recognised affiliate organisations.
The IOD initiative will also allow senior directors to share their skills and knowledge with IODM members and with a wider group of young leaders in the region.