Alba workforce praised for performance
Manama, November 30, 2011
Aluminium Bahrain (Alba), one of the largest aluminium smelters in the world, recognises that it was due to its skilled and remarkable workforce that the company was able to maintain a sound overall performance in 2011, said its chairman.
“2011 will be an exceptional year as the company succeeded in demonstrating its strength and resilience despite the challenging times and was able to exceed sales & production growth targets throughout the first three quarters of 2011,” added Mahmood Hashim Al Kooheji at the last quarterly meeting for the year 2011 held today (November 30) at the Ritz Carlton Bahrain.
The Board examined some of the matters arising from the previous meeting, reviewed the management and human resources committee reports as well as the report prepared by the Board Audit Committee. The Board was also given an update on Alba Vision, Alba SafeWay and the Alba Star Project.
Approval was given to the 2012 Annual Operating Plan presented by the executive management as well as the 2012 Capital Expenditure Plan.
The Board undertook a self-performance evaluation during the meeting to further strengthen transparency and corporate governance across the organisation.
Another announcement was made about the opening of a new sales office in Hong Kong to cater to the demands of the emerging markets of Asia.
The meeting was attended by Alba’s senior executive management team namely, Alba's Chief Executive, Laurent Schmitt, Alba's chief financial officer, Tim Murray, chief marketing officer, Jean Baptiste Lucas, and other company officials. – TradeArabia News Service