Experts stated that corporate governance reform efforts by Middle East firms should start at board level. Regional and international speakers focused on director independence and responsibilities, as well as board diversity.
Nasser Saidi, chief economist at the Dubai International Financial Centre and executive director of the Hawkamah Institute for Corporate Governance, warned that only a minority of regional firms had gone forward to ingrain corporate governance into the culture of their companies, despite having put in place better guidelines and controls.