Thursday, July 18, 2019

3BL Associates Promotes Greater Diversity On Boards in the MENA Region

3BL Associates (3BL), a sustainable development strategy consultancy and think-do-tank, recently launched “Diversity On Board” (DOB).

Diversity On Board is the first regional platform that curates highly accomplished Arab women in business, government, civil society, and the sciences, to help organizations in the MENA region identify and appoint them to executive board positions. In its second phase, the platform will also focus on Arab youth, the differently-abled, and other exceptional—but currently under-represented—individuals of both genders, on MENA boards.

“Good corporate governance helps firms improve performance and manage risks. The benefits of board diversity include improved access to information, more effective problem-solving, a better understanding of the marketplace, and management of stakeholder expectations. We are not suggesting arbitrary board quotas; rather, Diversity On Board will be a resource to identify highly-qualified candidates to enhance organizational competiveness,” explained Leena Al Olaimy, 3BL Cofounder and Managing Director.

“This includes the women and other individuals you would expect to find on the Forbes 100 lists, as well as the lesser known, yet equally outstanding experts in their respective domains,” she added.

Al Olaimy thanked the Diversity On Board Founding Partners, without whom launching the initiative would not be possible, saying: “We are deeply grateful to our enlightened Founding Partners who have helped bring the initiative to life. We invite other organizations to come “on board” by listing their announcements regarding nominations for board candidacy on the platform; and for Arab women to join our talent pool of prospective board members.”

Diversity on Board is a 3BL Associates think-do-tank initiative, supported by the following Founding Partners: Regional Diversity Partners are KPMG, Obai & Hill, and the Women Power Summit; Local Diversity Partners are the Bahrain Economic Development Board (EDB) and GudJuju; Network Partners include the Manama Hub of the Global Shapers Community, which is an initiative of the World Economic Forum; and Zain Bahrain.

As part of on-going activities, DOB will also provide training for organizations on corporate governance and structuring effective boards. To prepare women—and later other under-represented groups—for corporate director effectiveness, DOB will also provide access to Executive Education, workshops and seminars and other services to enhance their competitiveness for such roles.

The Diversity on Board platform is expected to be fully functional in July 2018, and will offer basic services at no cost during its first year of operation. People and organizations can register their interest in either announcing nominations for board candidacies, or joining the platform as individuals to apply for board positions through: www.diversityonboard.org

MOST READ

Farmers’ Market at Saar Mall

It is difficult for the Bahraini farmers to sell their products in this hot season. Inspired by the concept of Budaiya’s Farmer’s Market, the...

Varicose Veins by Dr. Bashar A. Saleh

What are varicose veins? Varicose veins are twisted, enlarged veins near the surface of the skin. They are most common in the legs and ankles....

Huawei Launches The Mate 20 X 5G Smartphone In Bahrain

Marking the start of the 5G era, HUAWEI’S highly anticipated Mate 20 X 5G has finally arrived in Bahrain and is now available for...

Jaguar Land Rover Bahrain Marketing Wins Four Retail Marketing Awards at the 2018/19 Jaguar Land Rover MENA Retail Marketing Awards

Euro Motors Jaguar Land Rover strongly positioned itself as the leading marketing specialist by once again receiving multiple awards at the acclaimed 2018/2019 Jaguar...

Mohamed Al Hamer – Gulf Air Appoints Its Youngest Bahraini Country Manager

Gulf Air, the national carrier of the Kingdom of Bahrain, announces that it has appointed Mr. Mohamed Al Hamer as a country manager for...

A Cat & Coffee Corner in Catopia

Cat cafes have been around since 1998, but Bahrain’s first cat cafe opened in this February bringing in warm and fuzzy feelings across the...

Bahrain India Society Hosts BDB – The Entrepreneurs Bank

BDB, Bahrain Development Bank reveals the total amount of cumulative financing done by bank is BD 592 million since it commenced operations in 1992. Last...

Identity Card Centers Open on Saturdays for Citizen Chip Updates

To accommodate an increase in demand, the Information & eGovernment Authority (iGA) announced that identity card centers at Isa Town and Muharraq (Seef Mall)...

Bahrain This Week For a Green Bahrain!

The 765.3 square kms island country, has recorded the hottest January and hottest June in Bahrain over a century in 2019. As the Summer...

Genesis Is Top Brand For Second Consecutive Year In J.D. Power 2019 U.S. Initial Quality Study

For the second year in a row, Genesis placed first in the J.D. Power 2019 U.S. Initial Quality Study (IQS) among all automotive brands....

Standard Chartered announces exclusive discounts in association with VIVA and Talabat

Standard Chartered VIVA Credit card holders can enjoy 75% off on their Talabat orders. Standard Chartered and VIVA recently announced the exclusive offer of 75%...

How to Reduce Body Heat Quickly and Get Relief

You probably know how important it is to hydrate with water when you have heat stress. There are lots of other ways to lower...

Science Fests in the UAE go beyond Science to Immersive Learning

Schools Build “Classroom of The Future” with Immersive Learning Experience rooted in Science. The recent “Hope” to Mars has raised new hopes of transformation at...

Emarsys Partners Up With Gulf Air To Enhance Automated Communication

Gulf Air – the national carrier of the Kingdom of Bahrain – has recently started a strategic partnership with Emarsys - the largest independent...

Apply for Government Job Vacancies online

Looking for a job in the public sector? The Information & eGovernment Authority (iGA) brings you the opportunity to apply for government job vacancies...