In this episode of Voices of Governance by Hawkamah, Dr. Ashraf Gamaleldin, CEO of Hawkamah, sits down with Fahima Albastaki, Independent Board Director and Capital Market and Governance Expert, for a deep conversation on what truly makes boards effective.
With more than 26 years across banking, finance, capital markets, IPOs, listings, investor relations, and corporate governance, Fahima brings insights from both sides of the table. From shaping regulations at Dubai Financial Market to serving on multiple boards, she explains how governance evolves when you move from drafting the rules to applying them inside the boardroom.
Through real examples and thoughtful reflections, Fahima and Dr. Ashraf explore board composition, strategic decision making, gender diversity, family business governance, and the cultural dynamics that shape effective boards. The episode also looks at how non-executive directors, board secretaries, and independent voices play a critical role in building sustainable and well-governed organizations.
Tune in to learn:
→ What makes the transition from regulator to board member so impactful
→ How agenda design, content quality, and meeting structure affect board effectiveness
→ The role of the chairman and the board secretary in shaping governance outcomes
→ Why gender diversity is about quality, not quotas, and how it strengthens board judgment
→ How women influence culture, sustainability, crisis leadership, and long-term thinking
→ The rise of family business governance and the importance of family charters
→ How non-executive directors bring independence and balance to sensitive environments
→ Why board composition and skills matrices matter more today
→ How self-evaluation and annual board assessments improve decision making
→ The future of governance in the UAE and why the next generation is more prepared than ever
⏱️ Key Moments
00:10 Welcome and episode overview
01:00 Moving from regulator to board member
05:00 What truly makes a board effective
09:00 Why agenda structure and preparation shape board performance
12:00 The chairman and board secretary’s role in driving quality governance
14:00 The value of gender diversity and why it is about quality, not quotas
17:00 How women strengthen sustainability and crisis leadership
22:00 Knowledge-based decisions and the importance of independent judgment
30:00 How family businesses in the UAE are evolving their governance models
41:00 Ensuring long-term sustainability and preparing the next generation