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[March 23, 2014]
Centre for Corporate Governance [SME Advisor Middle East]
(SME Advisor Middle East Via Acquire Media NewsEdge) Corporate Governance is one of the key pillars of economic development and there has been an increased focus on effective governance frameworks across many countries. To address the growing regulations surrounding corporate governance, Deloitte recently held an inauguration ceremony in Dubai to launch the Deloitte Middle East Centre for Corporate Governance.
The Deloitte Middle East Centre for Corporate Governance will support organisations manage the stringent global and regional regulations that require them to adopt corporate governance processes.
Fadi Sidani, Enterprise Risk Services leader at Deloitte Middle East, commented: "The Deloitte Middle East Centre for Corporate Governance offers resources for executives, directors, and other stakeholders who are active in governance, to help assess an organisation's governance processes, including benchmarking them against best practices, and ensuring they meet the needs of the business." "Proper governance frameworks strengthen accountability mechanisms and open channels of communication within and across the various market players," said Rami Wadie, Partner and Corporate Governance leader at Deloitte Middle East. "As such, it is essential for companies and organisations in the region to have a proper understanding of sound governance practices and frameworks." "The benefits of effective governance for any organisation are obvious: from protecting the organisation's reputation, to enhancing market value, creating effective risk management processes and increasing awareness of all the developments in the firm," concluded Wadie.
Dan Konigsburg, Managing Director, Corporate Governance & Public Policy, Deloitte Touche Tohmatsu Limited, visited the region on the occasion of the launch of the Deloitte Middle East Centre for Corporate Governance, and presented on recent global corporate governance trends.
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