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Qatar Petroleum (QP) has launched the “Qatar Petroleum High Performance Boards Programme,” in association with the Global Board Centre of IMD Business School in Switzerland as part of efforts to develop Qatari leaders, manage corporate governance, and sustain growth and development.
Over the course of this year, the Qatar Petroleum High Performance Board Programme will take over 100 Qatari board directors through five modules covering ethics, corporate governance, finance and risk, strategy and leadership, all tailored to the role and responsibilities of board members.
QP president and CEO Saad Sherida al-Kaabi said: “Qatar Petroleum has an exceptional track record of setting-up successfully new subsidiaries and joint ventures, and one of the primary drivers for its success is its ability to effectively drive value and excellence through its boards of directors.”
He added: “We are excited to work with IMD and deliver this state-of-the-art executive education programme. The IMD Global Board Centre has world-class expertise in the field of corporate governance, and together with our joint experiences, we will make this a very impactful learning journey that benefits the leaders in attendance, as well as the State of Qatar.”
The programme will be led by Professor Didier Cossin, director of the IMD Global Board Centre and UBS chair in Banking and Finance, who said: “In recent years, Qatar Petroleum has expanded and developed numerous joint ventures and partnerships with companies that generate value for the State of Qatar. QP has become a major player in the global energy market and we are pleased to have the chance to work with their boards’ directors.”
According to IMD president Dominique Turpin, “IMD is delighted and privileged to have partnered with Qatar Petroleum. IMD has strong ties to the Gulf region, and through this collaboration, IMD intends to play an important role in developing board members for Qatar Petroleum.”
Places on the signature programme, which will be run in Doha, have not only been extended to board members and directors of Qatar’s oil and gas industry but also to other strategic entities within Qatar such as the Ministry of Finance, Qatar Foundation, Qatar Investment Authority, QNB, and the Pension Authority.
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