RIYADH: The GCC Board Directors Institute (GCC BDI) reported an 82 percent surge in its membership in Saudi Arabia last year.
The GCC BDI announced that its total membership rose to 2,038 in 2020, with Saudi Arabia its fast-growing and biggest market for members.
“Sixty percent of our membership is in Saudi Arabia. Approximately 1,230 out of our 2,038 members are Saudi,” Jane Valls, executive director of the GCC BDI, told Arab News.
“The Kingdom is the largest country in the GCC (Gulf Cooperation Council), so it’s normal to have such a high figure, but this also shows a keen interest in corporate governance and board effectiveness in Saudi Arabia,” she said.