Asharqia Chamber Endowments Committee will organize next Sunday a training program on principals and governance councils
Asharqia Chamber, represented by the Endowments Committee, is organizing, on Sunday, September 20, 2020 , a new training program entitled (Towards an Effective Glasses Council that Achieves Governance), offered by the committee member, Engineer «Musa bin Muhammad Al-Musa».
The program targets the boards of directors and the glasses of private and public endowments, whether institutional or family, and aims to activate the role of these councils, achieve the endowment strategy, liberalize the roles of committees, departments, audit, investment and control, develop the work of leaders, and improve the performance of these councils.
The Chairman of the Asharqia Chamber, Abdul-Hakim bin Hamad Al-Ammar Al-Khaldi, said that the Asharqia Chamber, through the Endowment Committee, provided the capabilities and support in order to revive the endowment culture among the business sector, and coordinated with several official and non-official bodies with the aim of developing the systems and regulations that govern endowment projects, and that this program It represents a continuation of the efforts towards promoting the culture of endowments as a legitimate destination that aims to support the economic and developmental growth of society.
Al-Khalidi stressed the importance of the program, including the topic of great importance in organizing endowments and making them more effective, namely the governance of the supervisory boards, with what governance brings in terms of transparency and clearer visions regarding the board of directors and its management mechanisms and how it leads the endowment to achieve quality and excellence in performance. By choosing appropriate and effective methods.
For this part, the Chairman of the Endowments Committee, Ayed bin Farhan Al-Qahtani, affirmed the committee’s keenness to increase the area of knowledge and knowledge among the community about the culture and concept of endowments, and that it is not limited to certain sectors or aspects, but rather that its concept and purpose is broad that a large number of community members can Activating it and earning a reward from God Almighty, by carrying out this supreme legal intention which is one of the aspects of social solidarity and pushes the wheel of development and the national economy to achieve a possible benefit.
Al-Qahtani added that the Eastern Endowments Committee is proud to be presided over by His Royal Highness Prince “Saud bin Nayef bin Abdulaziz”, and His Royal Highness's Deputy Prince Ahmed bin Fahd bin Salman as its Honorary Deputy, and the great results it has achieved have contributed In increasing the trend towards endowment work of all kinds, as well as the amount of knowledge of endowments, whether in terms of their establishment or management, which the committee has created among the community, and this program is available for the participation of all.