Virtual Panel with EY | Leveraging the Family Office: How family firms can optimise their governance structures
14-07-2021

Virtual Panel with EY | Leveraging the Family Office: How family firms can optimise their governance structures

The Pearl Initiative panel discussion in collaboration with EY were held on 14th July on leveraging the role of the family office to improve governance and ensure business continuity. The panel which included Mr. Omar Al Handal and family office representatives from across the GCC, discussed how family offices can contribute to bridging the gap between a family business, and the wider vision and mission of the family. The strategic endeavors of family offices in governance can complement the role of the board and shareholder assembly, and help ensure business continuity. The panelists provided broad guidelines on: Leveraging the role of the family office to improve governance, Approaches to institutionalizing the family office and the engagement of family members within the business, and Strategies to maximize value of the family office beyond its financial remit.

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