Directors and Boards of establishments operating under SAMA/CMA, have to comply with rigorous corporate governance rules. As organizations reconfigure for growth and globalization, many are facing serious governance questions for the first time. Their task is complicated by regulatory developments whose pace and form differ by ownership type, listed status and sector. Further dilemmas surround the transfer of leadership from family or founding members to external professionals, or structural tensions pitching centralization versus decentralization. In Saudi Arabia, Amrop provides the necessary local expertise that are enabling clients to maintain an effectively productive mandated board of directors. Our board services team of experienced local veterans provide a collective local know-how that puts us in a prime position to assist in board formation, management and assessment.
Actively seeking out new members that can provide the board with fresh perspectives is key to keeping it fruitful. Director by director, we help our clients define the best possible board composition. We examine corporate governance positions, requirements for new demographic profiles, specialists, and technical skillsets. We find leaders who make the difference between success and failure in fast-moving environments.
For peak performance, good governance and investor confidence, board evaluation is a central factor. Every board must demonstrate its ability to manage risk, leverage opportunity and position the organization for success. Successful boards are diverse, high-performing teams that are more than the sum of their individual parts, or their status. At Amrop, we have developed a complete board evaluation process: a collective evaluation, focus on individual members, a board review and a roadmap.
We will support you in enhancing the board’s effectiveness. We actively support the internal management of boards including benchmarking for external review, building strong board frameworks and advising on compensation, benefits and SAMA/CMA compliance.
