DUBAL supports corporate governance event

As a corporate entity, Dubai Aluminium Company DUBAL – the entirely state-owned enterprise whose Jebel Ali operation ranks among the world’s largest single-site smelters – believes that excellence in governance and business performance are inseparable. Indeed, as one of the world’s leading companies, DUBAL is committed to the highest ethical and governance standards in all aspects of the company’s business.

DUBAL is equally committed to fulfilling its corporate responsibilities, which include investing in industry and society so as to enable growth based on the principles of sustainability. A case in point is the 6th Annual Regional Corporate Governance Conference, which takes place in Dubai on 31 October and 1 November 2011, where DUBAL will sponsor lunch. Hosted jointly by Hawkamah, the Institute for Corporate Governance, and the Organisation for Economic Co-operation and Development (“OECD”), this year’s event is entitled “Words to Action: The Next Regional Corporate Governance Challenge” and will feature a strong line-up of speakers – a combination that is sure to attract a field of high-level delegates, including executives from DUBAL.

Evidencing the company’s unwavering commitment to good corporate governance, an independent review of corporate governance at DUBAL was conducted by Hawkamah in April 2011. The results of the review indicate that DUBAL has clear commitment to good corporate governance and this has been translated into practice throughout the company.

 “At DUBAL, we strive to implement highly effective standards and processes to demonstrate strong corporate governance. These intentions are reflected in our core values and our governance structure, which is designed to optimize economic, environmental and social sustainability within our organization,” says Abdulla Kalban (President & Chief Executive Officer). “Above all, our approach to corporate governance is based on sound business ethics in conjunction with global best practice. DUBAL’s support of the Hawkamah-OECD 2011 Corporate Governance Conference is indicative of this, as the event promises to provide the latest information on trends and developments in this fundamental pillar of business sustainability.”