The INSEAD alumni community in Muscat welcomed Peter Nathanial and Ludo Van der Heyden, both INSEAD faculty, who visited Oman at the request of Bank Muscat. On this occasion, they held a conference at the bank’s Muscat Hall to debate governance with some esteemed bank executives and INSEAD Alumni.
A number of topics were discussed, including INSEAD having been rated #1 MBA program in the world 2 years in a row (in what is a contest typically amongst US business schools), the school now having developed a main offering in governance, and finally Peter Nathanial presented his insights and lessons from over 20 years in corporate restructuring at Citigroup and The Royal Bank of Scotland, amongst others, and in restructuring defaulted sovereign debt such as Argentina and Russia.
INSEAD National Alumni Contact in Muscat, Vijai Gill MBA’91J, welcomed the INSEAD delegation , attendees from the bank and the alumni community. He introduced Mr. Ahmed Al Abry, Chief Operating Officer of Bank Muscat, as one of the earliest Omanis to attend INSEAD’s prestigious Advanced Management Programme. Zeina Sleiman, Associate Director of Alumni and Institutional Relations, gave un update on INSEAD, including the noteworthiness of its MBA programme being ranked globally #1 for 2 years in a row.
Professor Van Der Heyden, one of INSEAD’s longest-serving and most illustrious faculty member, then described the creation of INSEAD’s Corporate Governance Initiative, having recently been institutionalized as one of INSEAD’s distinct centers of competences (ICGC). This was the school’s response to the 2007-08 global financial crisis. Five years later INSEAD is increasingly being recognized as offering the most complete governance offer amongst the world’s larger business schools, including its core International Directors Program offering, centered on director effectiveness, the Leading from the Chair program, centered on chairperson effectiveness, and the Value Creation for Owners and Directors program, centered on effectiveness of owners and their directors.