Amman, November 20 (Petra) -- The Social Security Investment Fund (SSIF) recently held its 9th Corporate Governance Forum, focusing on "The Role of Board Members in Building Strategy and Ensuring Sustainability." The event aimed to strengthen the skills of social security representatives on the boards of major national companies and enhance their contributions to developing effective strategies in response to economic changes.

During the forum’s opening, Ezzedine Kanakrieh, SSIF President, underscored the vital role that corporate governance plays in achieving the goals set out in the national Economic Modernization Vision. This vision emphasizes the need for sustainable and inclusive economic growth.

Kanakrieh expressed the Fund's dedication to improving the performance of its representatives across various sectors, ensuring transparency and efficiency within these companies.

He highlighted how important it is for social security representatives to engage actively in creating and overseeing corporate strategies, and he stressed the need for synergy between board members and executive teams to navigate economic and geopolitical challenges effectively.

He also pointed out that enhancing corporate governance is crucial for ensuring sustainable investments and maximizing their benefits for the national economy. The forum reflected the Fund's commitment to fostering a transparent and flexible business environment, which is essential for bolstering the national economy and delivering added value to all stakeholders involved.

The forum featured a dedicated session on strategic management and corporate governance, discussing essential tools for developing strategic plans. Participants focused on refining the long-term vision of companies, improving decision-making through data analysis, and establishing processes for ongoing performance evaluation to ensure agility and effectiveness.

In closing, the Fund reaffirmed its commitment to enhancing the performance of its portfolio companies in collaboration with other stakeholders, adopting global best practices in corporate governance to achieve strategic objectives and support sustainable economic development in Jordan.

//Petra// WH

20/11/2024 11:08:40