Vision Invest, a Saudi Arabian development and investment holding company, has undertaken the complete certification program on corporate governance and board effectiveness for team members of its executive management and those of its subsidiaries through the GCC Board Directors Institute (GCC BDI) Certified Board Director Program, run in collaboration with the Financial Academy.
In doing so, it has become the GCC BDI’s first member organization in the region to benefit from in-house training for its directors and executive management team through GCC BDI’s Director Development Program (DDP).
Vision Invest’s certified directors, who all had to pass the certification exam run by the Financial Academy, recently celebrated this achievement at a virtual graduation ceremony hosted by GCC BDI.
The certified director designation is awarded to individuals who have successfully completed the GCC BDI program and who have thus demonstrated an internationally accepted level of understanding of corporate governance, the role of the board and the director, strategy, risk, ethics, accounting, finance, internal controls and corporate reporting. The program is designed to meet the development needs of existing, new and aspiring directors and board committees.
Omar N. Al-Midani, CEO, Vision Invest, said: “The GCC BDI Director Certification Program was an important investment for Vision Invest in shaping our corporate governance mindset and reinforcing institutionalized governance, one of our five core values. The program will help our directors and executive management team to become more proficient in their roles, and we hope in doing so to add measurable value to their colleagues, our investments and the business community as a whole.”
Jane Valls, executive director of GCC Board Directors Institute, said: “Having professionals that can serve the boards in the region and create greater shareholder value and investment attractiveness will help organizations in Saudi Arabia to ensure business continuity.”
We are proud that Vision Invest understands the importance and need for corporate governance and has invested in upskilling its directors through offering them this program.”
