business bites Bahrainthismonth.com October 2023 51 ASRY NAMED PARTNER OF SUSTAINABILITY FORUM MIDDLE EAST Sustainability Forum Middle East has announced the Arab Shipbuilding and Repair Yard Company (ASRY) as a Forum Partner for its second edition which will be held on January 9, 2024 in the Kingdom of Bahrain under the patronage of the Minister of Oil and Environment, Special Envoy for Climate Affairs, HE Dr. Mohamed bin Mubarak bin Daina. This year’s forum, again supporting regional decarbonation, will focus on ‘Achieving Net Zero – Pathways to Accelerating Implementation’. As a partner, ASRY will help further the Forum’s aims of promoting action on the part of private sector companies to achieve net zero. Senior representatives from ASRY will join more than 500 expected attendees at the forum in January comprised of senior decision makers from across sectors and specialists in sustainability. The programme, which will focus on highlighting solutions for accelerating regional decarbonisation, will feature a number of keynote addresses and panels made up of government and business leaders and climate experts. Together, they will examine national and regional net-zero commitments and the critical role of the private sector in achieving them. ONLY 21 PERCENT OF GCC ORGANISATIONS HAVE OPERATIONALISED DATA PRIVACY PROGRAMMES According to a survey conducted by Protiviti Member Firm for the Middle East Region, a mere 21 percent of the organisations in the region have effectively established a data privacy programme. The report highlights the difficulties organisations face as they transition from design to implementation stage during a data privacy programme. As per the report there is an increase in privacy programme implementations across GCC countries with 56 percent of respondents highlighting regulatory requirements as the primary driver along with the need to maintain consumer trust and contractual obligations as the other important driver. However, findings indicate a lack of coherence in data privacy implementation initiatives, as the responsibility and ownership for the programme are dispersed throughout the organisation. Merely 27 percent of organisations have dedicated data privacy departments, while 40 percent assign data privacy as the primary responsibility of the information security department. The report urges organisational leadership to establish clear privacyoriented roles, responsibilities, and governance structures and prioritise budget allocation for data privacy programmes. Protiviti Managing Director of Security and Privacy Practice, Niraj Mathur, comments: “A generic approach to privacy does not work. Organisations need to consider their business context, current state, existing capabilities, and risk appetites while strategising their data privacy programme. Any gaps during implementing can have a lasting impact due to stringent legal penalties and reputational risk from loss of customer trust.” GULF AIR GROUP HOLDING STRENGTHENS MANAGEMENT TEAM With the objective of supporting the growth of Bahrain’s aviation sector, Gulf Air Group Holding (GFG) has strengthened its senior management team led by Gulf Air Group Holding Chief Executive Officer, Dr. Jeffrey Goh. An experienced IT and Digital Management professional, Ahmed Naeemi, joins the group from the Bahrain Institute of Banking and Finance as Chief Technology Officer in September 2023. Mr. Naeemi is set to spearhead technological advancements and cutting-edge solutions in line with the Group’s business ambitions. An exceptional financial leader with a proven track record, Adnan Hashim, has been appointed as Chief Financial Officer, and will be playing a pivotal role in driving the Group’s financial strategy, business planning and operational growth. Given her proven track record of HR across diverse companies, Sawsan AlMutawa has been appointed Acting Chief People Officer, and will be instrumental in nurturing leadership, improving productivity, and optimising efficiency within the Group. The management team is poised to drive the company’s strategic vision of advancing Bahrain’s economic agenda whilst bolstering its position as a global aviation industry leader.
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