The board of Dubai World will play a crucial role in sustainable development of the Group. The Board reports to the Chairman, His Highness Sheikh Ahmed Bin Saeed Al Maktoum, and is intended to bring learning, wisdom and visionary thinking to Board governance and contribute powerfully to the performance of Business Units.
Board Members
The current members of the Dubai World board can be found here.
Sub-committee Operations
The following subcommittees are being considered:
Business Excellence Committee, addressing
a. Norms for developing Business Units into World-class operations
b. Responsible investment principles and its implementation
c. Corporate Governance standards
d. Global standards, ratings and practices
Audit and Risk Management Committee, addressing
a. Integrity of financial reporting
b. Risk Profiling for the Group
c. Internal and Third-party Audit Planning
d. Internal and Third party Audit performance
e. Close-out of Internal and Third-party Audit recommendations
f. Compliance
Nominating and Corporate Governance Policy Committee, addressing
a. Nominations for Board membership
b. Board compensation
c. Dubai World Corporate Governance policies and practices
d. Effectiveness of the Board
CEO Compensation and Succession Planning Committee, addressing
a. CEO Compensation
b. CEO Succession planning
c. CEO level risk management using Management Teams
d. Other desirable controls.
CSR Committee, addressing
a. Dubai World CSR Strategy
b. Stakeholder engagement
c. Report on the basis of the UN GRI
d. Public Policy positions
e. Respond to key trends