We are committed to achieving the highest standards of governance and transparency to support companies and all types of institutions operating in the Kingdom of Saudi Arabia KSA. We do this by providing specialized training and consulting services, along with innovative solutions that help our clients build strong governance systems and develop qualified human resources that enhance compliance, achieve governance objectives, reduce risks, and support sustainability.
Bawabat Alhekmah is a Saudi company specializing in providing training and consulting services in the fields of governance and related topics, targeting government institutions and all types of companies operating at the Kingdom of Saudi Arabia KSA.
Bawabat Alhekmah aims at empowering these institutions and companies to achieve the highest standards of governance, in alignment with Saudi Arabia's Vision 2030 and the wise KSA leadership’s vision of creating a sustainable economy that adheres to the best global standards.
Through its extensive experience, specialized team, and strategic partnership with Hawkamah Institute at the Dubai International Financial Centre, Bawabat Alhekmah provides consulting services, innovative solutions, and comprehensive training programs that help institutions enhance their performance and promote long-term sustainability.
At Bawabat Alhekmah, we believe that membership offers significant value to our members. We strive to enhance governance practices through the best solutions, in collaboration with all segments of the Saudi business community.
Bawabat Alhekmah offers specialized training programs designed to meet the needs of executive leaders and boards of directors, enhancing governance practices and building efficient and effective capacities according to the highest global standards.
We strive to be the preferred regional advisory partner for government entities and all types of companies, offering innovative solutions to enhance governance and compliance.
Nadia Zainuddin
Advisory Board Member
Nadia Zainuddin is currently the General Manager and Head of Corporate Governance at the Securities Commission Malaysia (SC). She focuses on raising the corporate governance practices and standards of listed companies as well as capital market intermediaries in Malaysia, working closely with local and international corporate governance stakeholders. Nadia leads the formulation and implementation of the SC’s immediate and long-term corporate governance measures which include, enhancements to the Listing Requirements, Malaysian Code on Corporate Governance, spearheading the use of AI by the SC to monitor corporate governance disclosures by listed companies, advocating for board diversity particularly the participation of women on boards and putting in place the framework for sustainability reporting by listed companies. Nadia also represents the SC and Malaysia in local and global policy making platforms on corporate governance.
In 2014, Nadia was seconded to the Organisation for Economic Co-operation and Development (OECD) in Paris, France as a Consultant at the Directorate for Financial and Enterprise Affairs, Corporate Affairs Division. She was involved in efforts to promote corporate governance in Asia; including the development of the OECD Southeast Asia Corporate Governance Initiative to establish effective corporate governance frameworks and support ASEAN capital market integration in Cambodia, Laos, Myanmar and Vietnam.
Nadia graduated from the International Islamic University Malaysia with a Bachelor of Economics in 2004, and a Master of Economics in 2006, where she was also an active debater. In 2009 she was awarded a Chevening Scholarship by the Foreign Commonwealth Office of the United Kingdom to pursue an MSc in Corporate and International Finance at Durham University, UK.
Mak Yuen Teen
Mak Yuen Teen is Associate Professor of Accounting at the National University of Singapore, where he specialises in corporate governance. He holds first class honours, master and PhD degrees in accounting and finance.
Prof Mak has served on key corporate governance committees which developed and revised the code of corporate governance for listed companies in Singapore. He is currently a member of the Corporate Governance Advisory Committee established by the Monetary Authority of Singapore. Prof Mak also served on the Charity Council in Singapore and chaired the subcommittee which developed and revised the code of governance for Singapore charities. He was also the Singapore expert in the development of the ASEAN Corporate Governance Scorecard and Ranking, an initiative of the ASEAN Capital Markets Forum.
Prof Mak served as a member of the audit advisory committee of the UN Population Fund and as a member of the audit advisory committee of the UN Women for consecutive six-year terms. He was a former member of the Governing Council of the Singapore Institute of Directors and is currently a member of the Advisory Council of the Vietnam Independent Directors Association.
Prof Mak conducts training in corporate governance for directors, regulators and industry professionals in both financial institutions and listed companies. He has led numerous research projects focusing on corporate governance in Singapore and Asia, and more recently on sustainability-related topics such as integration of ESG factors into executive remuneration, sustainability governance structures, board oversight of climate risks and opportunities, and materiality assessment of ESG factors. He has edited 11 annual volumes of Singapore, Asia and international case studies on corporate governance, and is a regular commentator on corporate governance in the local and international media.
He was recognised by the Securities Investors Association (Singapore) with the Corporate Governance Excellence Award and as a CG Pioneer by the Singapore Institute of Directors for his contributions to corporate governance in Singapore, and by the Minority Shareholders Watchdog Group (Malaysia) for his contributions to corporate governance in the region.
Karina Litvack
Karina serves on the board of Italian power grid operator Terna S.p.A., where she is on the Controls, Risks & Sustainability Committee and the Nominations, Governance & Scenarios Committee. She also serves as Ambassador & Founding Chairman of the Climate Governance Initiative. Until recently, she served on the boards of Oil & Gas major Eni S.p.A., where she chaired the Sustainability & Scenarios Committee, and was a member of the Remuneration and Controls & Risk Committees; of the CFA Institute, home of the professional qualification for investment management professionals; of Viridor, a KKR portfolio company active in the waste management sector; and of Business for Social Responsibility (BSR), a consulting firm specialising in sustainable business management.
Since the passage of the Paris Agreement at CoP21 in 2015, Karina has been working to build a global network for fellow board directors to share experiences, engage with technical experts and stakeholders, access specialised training, and help to drive the adoption of effective Paris-aligned climate transition strategies in the boardroom. Under the auspices of the World Economic Forum, she co-founded the Climate Governance Initiative (CGI), home of the WEF Principles for Effective Climate Governance for Non-Executive Directors. The CGI operates in over 70 countries through a network of 30 national and regional Chapters in APAC, EMEA, the Americas and Africa, often in collaboration with local institutes of directors.
Previously, Karina had a 25-year career in Finance, latterly running the Governance and Sustainable Investment activities of UK asset manager F&C Investments*.
* now Columbia Threadneedle Investments
Chris Hodge
Chris Hodge is an independent advisor on governance and regulation who has worked with organisations including The Chartered Governance Institute (the professional body for company secretaries), the Institute of Directors in the UK and the International Corporate Governance Network. Chris also advises regulators and stock exchanges in emerging markets on corporate governance standards and reporting.
He is a member of Hawkamah’s Advisory Board. For ten years, Chris was Director of Corporate Governance at the Financial Reporting Council in the UK. In that capacity he was responsible for developing and promoting the UK Corporate Governance Code, and for introducing the first national stewardship code for investors in the UK. Chris established, and chaired until 2015, the European Corporate Governance Codes Network which shares information and good practice among the bodies responsible for codes in 28 European countries. Chris Hodge also chaired the Global Stewardship Codes Network, which brings together bodies from 20 markets.
Sandra Guerra
One of the forerunners of corporate governance in Brazil, Sandra Guerra has served as a board member and chairperson of boards of directors since 1995. Her experience includes acting on the boards of listed, closed, family-controlled and state-controlled companies as well as of non-profit organizations both in Brazil and abroad. With more than 26 year's experience in corporate governance, she was one of the founding members of the Brazilian Institute of Corporate Governance (IBGC), where for four years, from 2012 to 2016, she was the chair of the board. On two occasions, she was also a member of the board of directors of the International Corporate Governance Network (ICGN). She was also board director of Global Reporting Initiative (GRI), from 2017 to 2019. Ever since she completed her Master's degree in Business Administration at FEA-USP (2009), her research has been focused on the board of directors. Certified as a Board Member by the IBGC and as a Mediator by the CEDR-Center for Effective Dispute Resolution (United Kingdom). In 2017 she published the book “A Caixa-Preta da Governança. Conselhos de Administração Revelados por Quem Vive Dentro Deles”, published by Editora Best Business in Brazil and which is now in its 4th edition. The book – The Black Box of Governance. Boards of Directors Revealed by Those Who Inhabit Them - was updated and translated to English and published by Routledge in September 2021.
Stephen Davis
Chair
ABC Alya Al Zarouni
ABC Board Member
ABC In her role as Executive Vice President of Operations at Dubai International Financial Centre Authority, Alya Al Zarouni oversees a number of internal functions, including Information Technology, Procurement, Administration, Corporate Development, Government Relations, Government and Registry Services. Her prime objective is to ensure DIFC Authority’s internal operations are well aligned to support the delivery of the 2024 Strategy and objectives.
Prior to this role, Ms. Al Zarouni held the position of Senior Vice President – Operations at DIFC Authority, and before that was Senior Vice President - Government & Registry Services for five years. In this capacity, she was responsible for driving the strategic direction across the organisations Government Services, Registrar of Companies and Registrar of Properties offices.
Before this, Ms. Al Zarouni worked with the Programme Management Office at DIFC Authority, where she rose from Assistant Manager to Director of Government Services Office. During her tenure, she partly managed and assisted project managers in handling a number of complex projects in the Centre.
Ms. Al Zarouni earned both her BSc in Computer Science and MBA from the American University of Sharjah. She is a PMI Certified Project Management Professional (PMP), an LRQA certified ISO 9000:2000 Series Auditor/ Lead, and an LRQA Certified Internal QMS Auditor. Ms. Al Zarouni has also successfully completed the Young Leaders Program from the Mohammed bin Rashid Centre for Leadership Development.
H. E. Dr. Maryam Al Suwaidi
Vice-Chairwoman
H. E Maryam Al Suwaidi is Deputy CEO at the Securities & Commodities Authority for Licensing, Supervision & Enforcement, a holder of a Licence (Sharia and Law) Honor, a Master's Degree in Commercial Law from the University of Wales (U.K), a registered Lawyer (Non-Practicing List) at the UAE Ministry of Justice, and a graduate of the UAE Government Leaders Program – Executive Leaders organised by the Prime Minister Office/ the Federal Authority For Government Human Resources (FAHR) 2010-2011.
She has worked at the Securities & Commodities Authority (SCA) since 2002 and to date occupies the position of deputy CEO for Licensing, Supervision & Enforcement.
She has held several positions in the SCA where she worked as the Manager of Legal Affairs and Acting Legal Advisor, the Director of Issuance and Disclosure, then the Deputy CEO for Legal Affairs, Issuance & Research 2008/2010. She also previously worked at the Ministry of Education and Dubai Chamber of Commerce and Industry.
Al Suwaidi is a member of various entities, associations, and committees; the Insurance Authority Boards in the current term 2012-2015, Women Corporate Directors (WCD) in the United States of America, and the National Anti-Money Laundering Committee.
In the domain of SCA, Al Suwaidi is a member of SCA Registry & Licensing Committee; and is Head of the Technical Committee in SCA that overlooks all laws, regulations, and technical matters related to the financial sector and companies working in the financial services; Head Team of Services Development of the Licensing, Supervision & Enforcement Sector; Head of SCA Female Group; Head Team of Oversight and Supervision on Financial Markets of the GCC Countries – and Secretariat General of the Cooperation Council for the Arab States of the Gulf.
She was a lecturer at the Institute of Training & Judicial Studies Abu Dhabi in 2003, and she has also participated in many events as a featured a lecturer, a keynote speaker, and a moderator at events such as the Arab Women Leadership Forum 'Board Leadership & the Case for Diversity' organised by Dubai Women Establishment, the Commodities Week Middle East, and the SMARTS 7th Surveillance conference, held by SMARTS/NASDAQ in New York.
Al Suwaidi was granted the Sheikh Rashid Awards for Academic Excellence for the Licence degree and the Master degree, two appraisal letters from the Minister of Economy & Planning and the Minister of Finance & Industry for the distinguished efforts in the Second and Fourth Rounds of negotiation of the free trade agreement between the UAE and the United States that were held in Washington 2005 and in London 2006; and also was granted an appraisal and appreciation certificate for the effective participation and distinguished efforts in the rewarding of the Legal Affairs, Issuance & Research Sector of SCA the ISO BS EN ISO 9001:2008 in 2009.
For Member
For Non-member