The Global Center, College of Business Administration and KGL Holding organized a lecture presentation by former Harvard Professor Nabil El-Hage on Saturday, June 18, 2011 entitled “Leadership & Corporate Governance For Sustainable Growth” Congratulations! You’re a Director, Now What? at the Abdullah Al Jaber Hall, Kuwait University. The event was attended by key executives both from the public and private sectors. This was the second lecture following the successful series conducted by Nabil El-Hage in 2009 under the patronage of his Excellency, Deputy Prime Minister and Minister of Foreign Affairs, Sheikh/ Dr. Mohamed Sabah Al Salem Al Sabah, entitled “Disarray in the Capital Markets, is the World Ending?”
This initiative is in line with KGL's Corporate Citizenship in seeking every opportunity to help in the advancement of education in the communities it serves.
The presentation tackled the ever-changing landscape of the business world that used to be considered straightforward responsibilities to shareholders that has become a tangle of stakeholders, with conflicting goals and objectives. During the three-hour session, El-Hage outlined the meaning of corporate governance and explored the various stakeholders in every company and the nature of the responsibilities of the directors to them and how to fulfill those responsibilities. He attempted to provide the attendees a better understanding of the role of the Board and fiduciary responsibilities of directors to stakeholders.