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IMA Qatar, Protiviti host seminar



THE Institute of Management Accountants (IMA), Qatar Chapter, and the Qatar office of global consulting firm Protiviti jointly hosted a seminar on کCorporate Governance' in Doha recently.

The seminar focused on the importance of establishing effective corporate governance systems to increase the quality of business performance, assist in the achievement of sustainable strategic, economic, social and environmental objectives, further increase stakeholder and shareholder confidence and build human and intellectual capital.

The seminar saw participation from some senior Industry leaders and experts and opened with a keynote address by Andrew North, managing partner for Protiviti in Qatar.

"At Protiviti, we believe that organisations with good governance standards are the ones most likely to succeed in future. The IMA, Qatar Chapter sets high standards of knowledge sharing and promotes good governance standards. We are delighted to share our international insights with the Qatari business community."

Ez Tabra, president of IMA, Qatar Chapter, remarked,"The seminar was well received by the attendees. We are very pleased with the event as it marks the start of a long term and beneficial collaboration between Protiviti and the IMA Qatar Chapter. We will continue to hold such business sessions in future also."

The interactive session covered the issue of effective corporate governance in all types of organisations, across all industry groups, including listed and regulated companies, those operating within the public sector, private family groups and small and medium sized enterprises.

It also provided practical examples of how organisations in Qatar are taking proactive actions to effectively structure and enhance their corporate governance activities.

Protiviti Director Andy Cross highlighted the importance of establishing effective and sustainable corporate governance structures in a rapidly changing environment.

"There are many ways to accomplish effective corporate governance and each organisation must develop its own robust approach based on its business objectives, culture, capabilities, structure and regulatory environment.

"It is exciting that a number of organisations in Qatar, from both the public and private sectors, are actively enhancing their corporate governance systems in key areas such as increasing board and stakeholder activity, interaction with management, implementing effective enterprise risk and business continuity management systems, strengthening the skills and quality of their internal audit function, and investing in development and awareness programmes for their resources at all levels," said Cross.


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