GE signed a memorandum of understanding (MoU) with Prince Mohammed bin Salman bin Abdulaziz Al-Saud Foundation (MiSK) in the field of education and training, to design and launch training programs for young Saudi professionals and executives.
As part of Saudi government’s efforts to establish a knowledge-based economy and develop the skills of Nationals, the MoU outlines the terms to put together special training programs for the leadership development of young Saudi professionals as well as provide consultancy.
The MoU was signed at a ceremony at GE’s Crotonville facilities by Nidal Ghizawi, director of the GE Saudi Technology & Innovation Center, and Bader Al-Asaker, secretary general of MiSK Foundation.
Under the MoU, GE will offer access for Saudi professionals to high-level corporate leadership training at the GE Crotonville Customer Education facility in the US.
Special courses will be developed for Saudi executives for delivery either in Crotonville or at various locations across Saudi Arabia.
GE will also support MiSK and other entities to establish a Crotonville-like Saudi Leadership Academy in the Kingdom.
Hisham Al-Bahkali, GE’s president and CEO for Saudi Arabia and Bahrain, said: “The agreement with MiSK has strategic importance in nurturing the next generation of Saudi business leaders, who can contribute to achieving the goals of Saudi Vision 2030.”
He added: “Saudi Arabia has a wealth of young talent, and by building their skillsets in specific domains, including corporate leadership, we are supporting the Kingdom’s goal to accelerate economic and industrial diversification. This will also help in creating high quality jobs for Saudi young professionals and in building an entrepreneurial ecosystem in Saudi Arabia to help achieve transformational growth.”
The signing of this MoU builds on the efforts of MiSK, a non-profit organization.
Founded in 1956, Crotonville is claimed to be the world’s first major corporate university.
GE signs MoU with MiSK to train young Saudi professionals
GE signs MoU with MiSK to train young Saudi professionals
