Business & Money | Saturday 22 October, 2016 4:22 pm |

The Institute of Directors, India hosted the 16th London Global Convention on “Corporate Governance Sustainability Global Business Meet & Presentation of Golden Peacock Awards “between 17th and 20th October, 2016 .The theme of the summit was “Board’s Evolving Role in an Uncertain Global Economy”.  In this Summit Doha Bank was honoured with “Golden Peacock Global Award for Excellence in Corporate Governance - 2016 “on 18th October 2016 at Millennium Hotel London Mayfair, London. Dr. R. Seetharaman, Group CEO of Doha Bank received the award from Stephen Haddrill, Chief Executive, Financial Reporting Council, UK, Baroness Sandip Verma, Global Chairperson-Advisory Council, Institute of Directors, India and Chairperson, European External Affairs Committee and Prakash P. Hinduja, Chairman of Hinduja Group of Companies – Europe, Hinduja Group Limited.

On receiving the Award Dr. R. Seetharaman said “This award is a recognition for Doha Bank Board for its active involvement in promoting excellence in Corporate Governance. It reviews and provide guidance about the alignment of corporate strategy with risk appetite and the internal risk management structure. The Bank is committed to adhering to and promoting good corporate governance at every level within the Bank from the Board of Directors and Senior Management down to branch and divisional management and operational employees working throughout the organization in Qatar and the other cross-border and international locations where the Bank operates. In particular, the Bank is committed to complying in full with its obligations under the various regulatory regimes applicable to it. The Bank has in place a set of formal and rigorous policies designed to promote good corporate governance and prevent, detect and rectify any infringements. The excellence in Corporate Governance has contributed to sustainable development of Doha Bank.”