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ACU | Corporate Governance

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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