More than 100 chairmen, board directors and senior executives from around the world will gather at the upcoming fifth Annual Chairman Summit in Riyadh, Saudi Arabia.

Organized by the GCC Board Directors Institute (GCC BDI) in collaboration with Morgan Stanley, the event takes place on November 1 at Al Faisaliah Hotel.

The meetings are being held against the backdrop of increased activity and change in the Kingdom, as the Saudi road to vision 2030 is increasingly more defined, and as the plans to its realization begin to take shape on the ground.

The summit offers an excellent platform for networking and peer sharing. Discussions amongst the panellists and attendees will focus around three main topics including the regional integration into the world economy, tapping capital markets and driving diversification in the regional macroeconomic environment.

Mohammed Al-Shroogi, GCC BDI chairman and co-CEO Investcorp, said: "The world is increasingly becoming more connected and more companies have global operations. For regional companies and their boards to remain competitive and to succeed amid globalization, they and their boards will need to keep one eye on global macro developments, and another on good governance requirements."

"We are proud of our collaboration with Morgan Stanley to bring this event to Saudi," he added.

Mohammed bin Abdullah Al-Jadaan, Minister of Finance in Saudi Arabia will be the guest of honour and keynote speaker at the summit. Speakers and panellists also include Dr Ahmed Abdulkarim Alkholifey, Chairman of SAMA, HE Mohammed Elkuwaiz, chairman of CMA, Dr Abdullah Al Abdulgader, chairman of STC, and Khalid Al Hussan, CEO of Tadawul, KSA.

Sammy Kayello, chairman and CEO of Morgan Stanley Mena, said: "We are delighted to partner with the GCC Board Directors Institute as its annual Chairman Summit comes to Riyadh. The implementation of the Saudi Vision 2030 is an exciting moment for the country and a more modernised economy will require a higher standard of board and corporate governance. As a firm with forty years of experience in Saudi Arabia, including the presence of a Riyadh office since 2007, we look forward to playing our part in realising the Kingdom's potential."

The 5th Annual Chairman Summit this year coincides with GCC BDI's 10th anniversary, and is also concurrent with Morgan Stanley's 10th year anniversary since opening an office in KSA. The collaboration with Morgan Stanley is intended to bring a global perspective to the local and regional economic landscape. – TradeArabia News Service