SSIF holds 4th forum on corporate governance

[22-11-2021 10:08 AM]

Ammon News - The Social Security Investment Fund (SSIF) on Sunday held the fourth forum of corporate governance titled: “Modern trends in corporate governance” for representatives of the Social Security Corporation in boards of directors of companies that the SSC owns shares in.

SSIF CEO Kholoud Saqqaf said that the approach the fund is committed to, through holding specialised forums to keep pace with the best international practices in corporate governance, seeks to build a “distinguished team of representatives in boards of directors", the Jordan News Agency, Petra, reported.

It also aims to enhance the value of shareholders’ investments, including the SSC, and boost the profitability of companies, which inevitably leads to developing the investment environment in the Kingdom, Saqqaf added.

During the forum, a number of local and Arab experts reviewed specialised working papers on the experiences of boards of directors in dealing with the circumstances of the pandemic and the challenges and repercussions of the pandemic on the business environment.

Attendees also shed light on the important role of corporate governance in the sustainability of corporate businesses, the speed and efficiency of actions to deal with the different conditions faced by a given company, and strategies and indicators for measuring and evaluating the performance of boards of directors, which will help the boards identify and effectively bridge existing gaps.

The event is aimed at completing the implementation of a SSIF programme to enhance the skills and capabilities of SSC representatives in boards of directors and acquainting them with the latest developments and trends in corporate governance and wise administration.

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