Saudi Investment Bank signs deal to support corporate governance

The Saudi Investment Bank has signed a one-year partnership agreement with the GCC Board Directors Institute (GCC BDI) to support the promotion of corporate governance and board effectiveness in the GCC.

“We are delighted to partner with the GCC BDI and support the great work they are doing. This is a further demonstration of our support for good corporate governance and our commitment to enhancing governance practices and stakeholder value in line with Vision 2030,” Faisal Al Omran, CEO of The Saudi Investment Bank, said.

“Having the support of The Saudi Investment Bank will enable us to develop new products and services to better serve the boards in the region, creating greater shareholder value and investment attractiveness,” Jane Valls, Executive Director of GCC BDI, said.

Since its inception in 2007, GCC BDI has become one of the most influential networks of board directors and senior executives in the Gulf. The institute works with listed companies, state-owned enterprises, family-owned businesses, large private companies and multinationals across the region.