Raed Charafeddine, First Vice-Governor at Banque du Liban – Lebanon’s central bank, delivered a lecture titled ‘A Wider Perspective on Corporate Governance’ at The American University of Beirut (AUB) in an event organised by The Suliman S. Olayan School of Business (OSB) and Hawkamah, the Institute for Corporate Governance.
Mr. Charafeddine is the Alternate Governor for Lebanon at the International Monetary Fund as well at the Arab Monetary Fund’s Board of Governors and the Alternate Chairman of the Capital Markets Authority in Lebanon. He is also a contributor to many national and international forums on the issues of governance, human and organisational development, civil society, and interfaith dialogue.
This lecture marks the 5 year anniversary of the Rami Makhzoumi Chair in Corporate Governance which was endowed by Rami’s parents in memory of their son, Rami Makhzoumi, who passed away at the age of 33 in April 2011. The Chair is devoted to promoting accountability and good corporate governance practices in businesses. The aim is to bring governance education and practice to new levels in the region through the dissemination of corporate governance knowledge, relevant research, and exposure to tangible experiences of good and bad governance. Rami was the driving force in developing governance practices at his family business and was known for having prioritised ethics and accountability in his work.
In attendance were Rami’s parents, Mr Fouad and Mrs May Makhzoumi, along with several senior members of Lebanon’s banking sector.