CmaBoardReleases
Title: Press release: The Delegation of the Women's Cultural and Social Society’s Visit to the Capital Markets Authority
Kuwait, October 4, 2021- The Capital Markets Authority (CMA) welcomed on Thursday, September 30, 2021, a delegation of members of the Women's Cultural and Social Society, which included: Ms. Mashael Al-Shuaihan - Board Member, Ms. Sharifa Al-Khamis - Board Member, and Ms. Dalal Marafie - Member of the Society, and from the CMA: Ms. Anwar Al-Mudhaf - Head of the Off-site Supervision Department, Ms. Fatima Al-Kandari - Chief Specialist in the Investigation Department, Ms. Nouf Al-Sanea - Director of the Mergers Section, Ms. Heba Al-Zamil - Head of the Training and Development Section, and Ms. Afaq Al Shatti - Head of Human Resources Department. The visit aimed to identify the contribution and role of females in the CMA, in addition to discussing the following topics:
• Legislation, regulations and executive bylaws related to the role of women.
• Discussing international best practices in the framework of the role of women in the investment environment.
• The role of women in developing capital markets and developing their investment instruments, while striving to be inline with international best practice.
• Discussing women's occupancy of senior and intermediate leadership positions in the CMA.
The CMA responded to the inquiries of the society’s delegation regarding the statistics of the number of females compared to the size of the employees at all functional levels, including supervisory and leadership positions. They also inquired about the CMA’s role in empowering women, and the need to support and motivate working women to enable them to be creative and distinguished. The representatives of the CMA demonstrated examples of women who have contributed to the success of the CMA since its establishment, which reflects a successful start compared to its counterparts from other parties. The delegation praised the CMA’s support for the women working for it, as the CMA does not the discriminate between males and females, but rather deals according to the principle of efficiency and achievement.
Ends-
Notes to Editors:
The Capital Markets Authority was established pursuant to Law No. 7/2010, approved by the Kuwaiti Parliament in February 2010. Pursuant to the Law, the CMA shall regulate and supervise the securities activities, achieve transparency and fairness, observe listed companies’ execution of Corporate Governance regulations, and protect investors from unfair practices which violate the CMA's Law.
Furthermore, the Law's provisions stipulate the supervision of mergers, acquisitions, and disclosure operations. The CMA also aims to provide awareness programs related to securities activities.
For further information, please contact:
Public Relations & Media Office
Tel: 22903062
Fax: 22903505
Email: pr-media@cma.gov.kw