Abdullah Al-Shorbaji Executive Vice President Member of the Group Executive Committee

Governance.. The Perfect Path to Growth and Success

Salem Balhamer Holding Group is striving to apply the best standards and requirements of governance, which help the group to grow, enhance its investments, and support its competitive capabilities, by issuing many guides, instructions, and regulations that control the work of the group, and achieve effective control over everyone. That contributes to protecting the interests of all parties, maximizing the profits of the group, and raising its market value.

The importance of governance for Salem Balhamer Holding Group generated from its major role in organizing relations between the various administrative levels in the group, and its contribution to enhancing the spirit of responsibility, justice, transparency and accountability. This facilitated the process of managing the group in a prudent manner that ultimately leads to achieving growth and success for a long period of time.

The application of family business governance practices by establishing family councils, separating ownership from management, developing effective and restructuring strategies, setting performance indicators, and hiring qualified cadres are considered as an important practice for the survival and sustainability of family businesses. This is what Salem Balhamar Holding Group, which was established as a family company, is doing. This is duo to the ispired thought of the founder, the group was able to transform into a major company that applies the highest standards of governance as to ensure its growth and continuity.