Complex Made Simple

Hawkamah and Nestor Advisors partner on corporate governance in GCC

The partnership is underpinned by the complementarity of their experience and their standard of excellence in delivering client services.

Hawkamah, the leading regional centre for corporate governance based in Dubai and Nestor Advisors Ltd., a pioneering London-based “boutique” focusing on board governance consulting have signed a partnership agreement to jointly deliver certain services to clients in the Gulf region.

The partnership is underpinned by the complementarity of their experience and their standard of excellence in delivering client services.

The first joint offering by Hawkamah and Nestor Advisors is a unique one-day board retreat during which the boards of large corporate or financial groups discuss key issues of governance, risk management and strategy facilitated by a senior Hawkamah–Nestor team.

The second service aims to assist GCC corporate and banking clients in designing and embedding effective governance across multi-entity groups. The growth and expansion of GCC groups in the region and beyond makes the development of group governance policies for the effective mapping and structuring of the complex relationships between parents and subsidiaries a key ingredient of successful governance and organisation.

Ashraf Gamal, CEO of Hawkamah said: “Hawkamah have always been proud that it was established by the MENA region, in the region and for the region. We deliver top quality corporate governance services to our clients across the Arab World. We are teaming up with Nestor Advisors, to capitalize on the vast experience they have in the European market in order to make sure that we keep our clients up to date with the latest global trends and regulations”.

Stilpon Nestor, managing director of Nestor Advisors said: “We have been in close collaboration with Hawkamah and its leadership for a number of years. Their reputation for excellence and their track record in promoting corporate governance makes them an ideal partner for Nestor Advisors, as we aim to leverage our international experience in corporate governance services and to reach leading boards in the region”.