BUSINESS

Savola Foods launches ‘IQTIDA’A’ program with INSEAD

December 26, 2017

RIYADH — SAVOLA Foods Company, one of Savola Group companies, has launched its Executive Leadership Development Program named “IQTIDA’A” in partnership with INSEAD Business School.

IQTIDA’A, the first program of its kind launched by the company, that will continue for one and half year, aims to develop the leadership skills and management capabilities of the executive management team to carry out their strategic roles and operational plans at the optimum level.

Eng. Bader Al Aujan, board member and CEO of Savola Foods, said that the company strongly believes in the importance of investing in the human capital element which comes as part of the professional value Savola adds to its employees stemming from company values which encourage practicing caring justice “Birr” towards its employees who are considered as the cornerstone of Savola’s successes and the main reason behind providing quality products and services that satisfy the consumer needs, which in turn create better shareholders' value.

Professor Miguel Lobo, director of the INSEAD Middle East Campus in Abu Dhabi, which is one of the world's top leading business schools ranked No. 1 in the world by Financial Times for 2016 and 2017 in the Executive MBA programs, said he is proud of this strategic partnership with Savola, one of the largest and leading food companies in the region.

Savola Foods Company has several leading brands and offers its products to local and export markets in the Middle East, North Africa and Central Asia regions, such as Afia Oil, Al Arabi Oil, Al Osra Sugar, Al Maleka Pasta, Rawabi Ghee, Ganna Ghee and many other prominent brands in the packaged food sector.

Savola Foods Company also has a number of initiatives to train and develop the Saudi youth, such as the “Management Trainees Program” targeting the university fresh graduates and “Accelerate Program” which is targeting the development of the middle management employee towards the more senior roles and other pioneering initiatives in the field of Human Capital Development. — SG


December 26, 2017
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