|With this award, World Finance recognizes Alghanim Industries for its excellence in the field of corporate governance and its efforts to go beyond the formal regulatory requirements for the benefit of its various stakeholders. |
Mark Schmitz, Chief Financial Officer, and George Lambros, Corporate Controller, received the award on behalf of Alghanim Industries, at a ceremony that took place at the London Stock Exchange in March 2012.
To view the award presentation and interview, please click here.
This Corporate Governance award specifically highlights the company’s high degree of fiscal integrity, thorough oversight, effective use of internal and external audit functions, and high levels of disclosure and transparency. Alghanim Industries was the only company in Kuwait to be selected in this year’s Governance awards.
With the demand for accountability and transparency at an all-time high, World Finance established the Corporate Governance awards as a means to identify global companies that have a robust and holistic approach to corporate governance in place. A number of other international companies were also recognized for their Corporate Governance practices this year, including organizations such as BMW Group - Germany, MindTree - India, Pirelli - Italy, Toyota - Japan, Royal Dutch Shell - Netherlands, Qatar Telecom, Nestle - Switzerland, Microsoft – US, and HSBC – UK.
Alghanim Industries was also named one of Hewitt Associates’ Best Employers in the Middle East for 2009/2010, and one of Asia’s Best Employers, by the Employer Branding Institute and the World HRD Congress, for 2010/2011.