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Banking and Insurance

BAI awarded ‘Best Corporate Governance in 2024’ by World Finance

BAI - Banco Angolano de Investimentos S.A. (Open Society) was awarded the ‘Best Corporate Governance Angola 2024’ award by the World Finance Corporate Governance Awards.

: Facebook Banco BAI
Facebook Banco BAI  

According to World Finance magazine, this award is the result of an exhaustive qualitative investigation and evaluation of BAI's corporate governance model, highlighting it for its exemplary performance in the Angolan financial sector.

Thus, World Finance indicates that among the main factors that contributed to this distinction are a well-structured and efficient Board of Directors; regular, timely and transparent communication with all stakeholders; full compliance with corporate governance principles; implementation of exceptional ESG (Environmental, Social and Governance) initiatives and also firm adherence to the values ​​of "good corporate governance".

This distinction reflects not only recognition of BAI's excellence and commitment to the highest standards of corporate governance, but also reaffirms the bank's ongoing commitment to maintaining the highest standards of integrity, responsibility and transparency, contributing to the sustainable development of Angola and strengthening the trust of its customers and investors.

It is worth noting that World Finance is an international business magazine, recognized globally for its analysis of the financial industry. It was founded in 2007, is based in the United Kingdom, and in addition to its analysis and reporting, World Finance is also known for its prestigious annual awards, which celebrate excellence and innovation in corporate governance, sustainability and other business practices across the world.

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