London, 27 November 2020 – The UAE’s Ministry of Human Resources and Emiratisation was honoured at ICSA: The Chartered Governance Institute’s 2020 Awards, picking up the award for Governance Project of the Year. MOHRE’s governance maturity evaluation project, which has enhanced the maturity of the Ministry’s governance system, sealed the win for MOHRE at last night’s 2020 Awards.
Sara Drake, Chief Executive of the Institute explains the reasons for MOHRE’s win:
“In a year when the quality of nominations was stronger than ever, this nomination – which described the Ministry’s three-stage project to assess its existing governance arrangements and identify both strengths and areas for improvement – was a standout.
“This was a very strong nomination which was striking in the way it both described the work involved and spelled out its wider strategic significance. Also described, crucially, were the organisational benefits which flowed from the work and the ultimate value to stakeholders. Particularly noteworthy was the way MOHRE used their governance maturity review not just to transform their own work but to share their learning with other parts of the organisation.”
MOHRE beat off stiff competition from the following organisations to be crowned the winner:
- Co-operative Group Limited – AGM Project
- Inmarsat plc (now known as Inmarsat Group Holdings Limited) – Public to private takeover
- International Netball Federation – Governance Framework review
- Ninety One plc – Demerger, reorganisation and listing
- TP ICAP plc – Governance Manual project.
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Notes to Editors:
- The Chartered Governance Institute is the qualifying and membership body for governance with over 125 years’ experience of educating and supporting governance professionals. With a Royal Charter purpose of leading ‘effective and efficient governance and administration of commerce, industry and public affairs’, we provide professional development, guidance and thought leadership, and work with regulators and policy makers to champion high standards.
The Institute has divisions in Australia, Canada, Hong Kong/China, Malaysia, New Zealand, Singapore, Southern Africa, the United Kingdom and Zimbabwe. The division headquartered in London (known as ICSA: The Chartered Governance Institute) represents and supports members in the UK, Republic of Ireland, Crown Dependencies and associated territories, which include the Caribbean, sub-Saharan Africa, the Middle East, Mauritius and Sri Lanka. Website: www.icsa.org.uk
- About the Awards: ICSA: The Chartered Governance Institute Awards ceremony is the largest event of its kind in the UK and the highlight of the governance social calendar. Each year, the Awards bring together the crème de la crème of the governance profession to celebrate excellence in the delivery, oversight and reporting of governance. Nominees reflect the very best achievement from across the governance community. The 2020 Awards ceremony took a socially distanced approach and was hosted virtually. The Awards this year also focussed on people and projects rather than reporting achievements, with Awards given out in nine main categories, three of which were new this year: Governance Professional of the Year, Company Secretary of the Year, Governance Champion of the Year (new), The One to Watch, Team of the Year, Service Provider of the Year, Governance Project of the Year, Diversity & Inclusion Initiative of the Year (new) and ESG Initiative of the Year (new).
- About MOHRE: The Ministry of Human Resources and Emiratisation (MOHRE) applies a strategic plan that seeks to transform the job market in the UAE into an empowering attractive market for Emirati talents. This represents a roadmap in managing manpower in the UAE to reach a new phase of development and establish a knowledge-based economy according to the future vision of the government; thus contributing to the government's efforts to realize the objectives of the UAE Vision 2021.