Savola launches program to develop its executive management
Savola Foods Co., a Savola Group company, has launched its executive leadership development program named IQTIDA’A, in partnership with the INSEAD Business School.
IQTIDA’A, the first program of its kind launched by the company, will continue for a year and a half, aiming 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.
Bader Al-Aujan, CEO of Savola Foods, said the company strongly believes in the importance of investing in human capital. This comes as part of the professional value Savola adds to its employees, stemming from company values that consider its employees the cornerstone of Savola’s successes, and the main reason behind providing quality products and services that satisfy consumer needs, which in turn create better shareholder value.
Prof. Miguel Lobo, director of the INSEAD Middle East campus in Abu Dhabi — one of the world’s top business schools, and ranked No. 1 in the world by the Financial Times in 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 Co. has several leading brands offering its products to local and export markets in the Middle East, North Africa and Central Asia, 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 Co. also has a number of initiatives to train and develop Saudi youth, such as the “Management Trainees Program” targeting fresh university graduates, and the “Accelerate Program,” which targets the development of middle management employees toward senior roles and other pioneering initiatives in the field of human capital development.