SADAFCO Recognized as a Leading Company in Corporate Governance at the Third Corporate Governance Award
February 09, 2024, Riyadh, Saudi Arabia — Saudia Dairy & Foodstuff Company (SADAFCO) has been recognized as one of the top-performing companies in corporate governance listed on Tadawul, based on the Corporate Governance Index assessment for Fiscal Year 2023. This recognition was announced at the Third Corporate Governance Award, hosted by the Alfaisal University Corporate Governance Center in partnership with King Faisal Specialist Hospital & Research Centre, under the esteemed patronage of His Excellency Dr. Majed Alfayyadh.
Under the esteemed patronage of His Excellency Dr. Majed Alfayyadh, the Third International Corporate Governance Conference, hosted by the Alfaisal University Corporate Governance Center in partnership with King Faisal Specialist Hospital & Research Centre, successfully concluded with a strong turnout of industry leaders, experts, and professionals. The event featured an insightful program, highlighting discussions on the evolving landscape of corporate governance and the integration of AI in governance frameworks.
The conference, held under the theme “Beyond Compliance: Rethinking Corporate Governance in the Age of Artificial Intelligence,” highlighted best practices in corporate governance and honored the top-performing listed companies. The assessment evaluates organizations based on key governance principles, including board structure, shareholder rights, public disclosure and transparency, and stakeholder engagement
Sultan Alghamdi, Chief Legal, GRC Officer, and Board Secretary, accepted the award on behalf of SADAFCO.
“At SADAFCO, we are committed to upholding the highest standards of corporate governance, ensuring transparency, accountability, and long-term sustainability. This recognition reaffirms our dedication to maintaining robust governance practices that foster trust among our stakeholders,” said Alghamdi.
SADAFCO continues to enhance its governance framework, aligning with international best practices to drive corporate excellence and sustainable growth in the region.
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