Encouraging a culture of good governance

Whether you are a wholly-owned family business, listed corporation or a state-owned enterprise; good governance ensures that your company is better placed to execute strategy, manage growth and drive value whatever the prevailing macro-economic conditions.

What good looks like

A sound governance model reinforces the following principles of good governance:

  • Transparency – Timely and accurate disclosure is made on all material matters to all interested parties, and not merely those required by law or regulation.
  • Accountability – The board and management are accountable for their actions and answerable to shareholders.
  • Fairness – Good governance reinforces the principle of equitable treatment of all shareholders (including minority and foreign shareholders) and respects their right to participate in and to be sufficiently informed on decisions concerning fundamental changes to the organisation.
  • Responsibility – A strong board is appointed with the right mix of skills and experience to drive the shareholders’ agenda.
  • Clarity – Clear separation between the roles of shareholders (owners), board and management and is supported with formal policies and procedures that are frequently reviewed and updated.
  • Inclusion – Recognition of the rights of stakeholders and encouragement of active co-operation to ensure a sustainable company.

When to act

  • You are a diversified group spread across multiple sectors and geographies and find it challenging to exercise adequate oversight.
  • Your business is undergoing major upheaval as a result of issues around succession in ownership and management.
  • Your business is preparing to list a part or all of its shares and/or you are preparing to sell a part of your business to outside shareholders.
  • You wish to tap into the capital markets to raise finance to fund an expansion into new markets or for new projects.
  • Your family business is undergoing generational change and there is a strong desire to professionalise the family’s relationship with the business.

Governance is more than just about compliance - rather, behaviours and decisions in the 'moments that matter' represent the ultimate test of good governance

How we can help

  • Implementation Assistance

    Legalise shareholder protocols, implement recommended governance models, develop delegation of authority matrices and related governance policies and procedures.
  • Governance Training

    Deliver bespoke governance training programs for owners, boards and executive management.
  • Director Evaluations

    Undertake independent performance evaluation of the board of directors.
  • Family Office

    Structure single and/ or multi-family offices to support the needs of family conglomerates.
  • Shareholders Protocols

    Develop shareholders protocols to facilitate continuity and smooth succession.
  • Corporate Governance Framework Design

    Design and develop an effective organisation governance model appropriate to the needs and maturity of the organisation.
  • Corporate Governance Assessment

    Assess current corporate governance practices utilising best practice guidelines and provide gap analysis reports.

What you gain

Continuity and Sustainability

The process of building a sound governance framework ensures organisational harmony and unity for the long-term.


A commitment to good governance reflects professionalism and enhances your organization’s reputation in the market.


Being better prepared for organisational transformation and the ability to withstand damaging events, ride out change and protect what matters to your organisation.

Manage growing complexity

By setting up governance structures in the form of rules, processes, policies and procedures.

Minimize the likelihood of conflicts and disputes

By setting up mechanisms to manage conflict before they escalate into serious issues.

Contact us

Harendra Kailath

Director, Dubai

Tel: +9714 304 3283


Maryam Ali Ficociello

Director, Jeddah

Tel: +966 (12) 610 4400 (ext. 2281)


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