SupplyChain Magazine April 2017 | Page 95

along with other policies . In 2007 , the company pushed further , asking the International Finance Corporation ( IFC ) to benchmark them against international standards and assist with other structural changes . After the IFC ’ s assessment , Egytrans added new executives , non-executives and independents to its board . “ We ’ re one of the first companies in Egypt to appoint independent board members ,” Leheta states proudly . The company is also well-known for its transparency . Egytrans significantly upgraded its public disclosures ; it now discloses information such as ethics practices , ownership details
and remuneration information . “ We ’ re always going above and beyond , not just keeping up to standard . We take our transparency and disclosure and all of our other corporate governance standards above what ’ s actually required ,” Leheta adds . Consequently , Egytrans won the 2009 GTM / EMX Best Corporate Governance Award the 2008 EIOD Best Disclosures Citation .
Not ones to rest on their laurels , Leheta and Hussein describe numerous plans for the future . “ We ’ re exploring a lot of different opportunities ,” Leheta says , “ I think
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