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Ownership of the ACU
Corporation will be 100% for Al-Ahram Establishment,
this ownership structure differentiates
ACU from other private universities in Egypt, Since
the long established organizational history,
institutional capacity and public spirit of its
owner, Al-Ahram, would put it in a more
transparent and institutionalized position than that
of other private universities whose proprietorships
are often more personal or commercial. A Board of Trustees,
established in accordance with the Egyptian rules
and regulations concerning private universities,
will have the final authority for the management and
control of the ACU, its property, revenues, business
and affairs. It will be composed of up to 15
members, 14 of them to be appointed by the General
Assembly of shareholders; the other member, being
the President, is to be selected by the Board but
appointed by the Minister of Higher Education, upon
recommendation from the Board. The President of the
University is ex-officio voting member of the Board
of Trustees.
The Board of Trustees will
appoint a three member Executive Committee, the
Chair of the Board, the Vice Chair and the
President. The executive committee meets on a
regular basis to follow up on board of Trustees
decisions and prepare the agenda for the following
Board of Trustees meeting. The Board of Trustees can
establish, as needed, other committees or
commissions reporting to the Board.
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