THE Middle East and Africa’s leading vertically-integrated paper manufacturer, ‘MEPCO’, has been awarded the Best Corporate Governance Leadership — Saudi Arabia 2017 accolade by Capital Finance International (CFI).

MEPCO has firmly established itself as one of the largest paperboard producers in the Middle East and has developed an enviable track record of maintaining the highest levels of corporate governance.

CFI formally recognized a diverse array of MEPCO’s accomplishments, including becoming a publicly listed company in 2015, facilitating ongoing methods of sustainable large-scale production, reducing the company’s impact on the environment and enhancing its Corporate Social Responsibility program.

Eng. Sami Safran, CEO, MEPCO commented: “MEPCO is honoured to accept this prestigious industry award from such a highly regarded institution — Capital Finance International. As we continue to expand our business internationally, recognition in corporate governance by international organizations will play an important role demonstrating MEPCO’s success to the global marketplace. Our team has made great progress towards aligning our company with international standards and best practice in order to achieve the highest levels of corporate governance. To that end MEPCO has contributed greatly to the local economy and is currently witnessing unparalleled growth throughout the Kingdom of Saudi Arabia.”

CFI seeks out organizations that contribute significantly to the convergence of economies and add value for all stakeholders. CFI recognizes best practice throughout the world, with the objective to inspire other entities to improve their own business performance.

MEPCO has also recently been awarded the King Khaled Award from the King Khaled Foundation in the field of Responsible Competitiveness. The company has a long-term objective of sustained international expansion, which currently sees the company supplying more than 40 international markets. — SG