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The Egyptian Institute of Directors (EIoD) honors graduates of ?Certified Board Member? program - Sunday 26/5/2019

Dr. Mohammed Omram – FRA’s Chairman announced that FRA is taking the first steps towards establishing a regional Financial Centre for Sustainability serving the Egyptian and Middle Eastern environments. The  regional Financial Centre for Sustainability shall  inform private sector partners of the challenge facing the people represented in providing about 7 trillion  dollars by the end of 2030 to achieve the 17 Sustainable Development Goals (SDGs) set by the United Nations General Assembly in 2015.

He added that paying great attention to the process of governance within the financial activities and abiding by applying its principles requires training that we seek to provide through the Egyptian Institute of Directors (EIoD). It is worth mentioning that the (EIoD) - FRA’s affiliate - is a leading institute in Egypt and the Arab region since its establishment in 2003. It provides training, research, consulting and services to public and private companies operating in Egypt, the Middle East and North Africa region to raise awareness of corporate governance principles.

This came during a ceremony honoring a large number of graduates of the “Certified Board Member” program presented by the (EIoD) in cooperation with the International Finance Corporation (IFC) - the World Bank Group. The (EIoD) honored senior trainers, experts and success partners of the Center in the presence of a large number of the Authority's leaders, public figures, Chairmen of companies and different banks.

Dr. Mohamed Moustafa Soliman - Executive Director of the (EIoD) announced that he has developed a wide range of training services related  to governance applications such as information systems governance, human resources, supply chains, marketing, sales and other new programs derived from international best practices in governance.

Dr. Soliman added that the (EIoD) has started the introduction of professional Masters Programs in Corporate Governance, Banking and Health Care in cooperation with the Arab Academy for Science, Technology and Maritime Transport. It is the first professional master of its kind in Egypt and the region, which provides governance in both Arabic and English.

Dr. Soliman also appreciated the role of the media in spreading awareness about the concept of governance, its importance in enhancing the financial and non-financial performance of companies, its role in preventing financial and administrative corruption in institutions and shedding light on the advantages that companies shall gain upon applying governance principles.