International Holding Company
International Holding Company, listed on the Abu Dhabi Securities Market, announced the appointment of “Aiden Insight” to the new position of “Board Controller” under the title of “Artificial Intelligence Controller”, in a strategic initiative aimed at strengthening the company’s position in employing artificial intelligence within… Corporate governance and decision-making process.
Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of the Board of Directors of the International Holding Company, said on this occasion: “Our decision to appoint Aiden Insight as an artificial intelligence observer on the Board of Directors of the International Holding Company comes as an embodiment of the company’s commitment to innovation and leadership in developing future strategies for success.”
He added: “Aiden will provide us with unique data analyzes and strategic insights that will help the International Holding Company consolidate its position at the forefront of developments in the sector and move forward in providing additional value to shareholders and stakeholders,” stressing that the appointment of “Aiden Insight” will contribute to providing analyzes that support the manufacturing process. The decision enhances the application of corporate governance principles.
Aiden Insight, the leading virtual platform distinguished by its enormous capabilities in the field of advanced artificial intelligence, is expected to bring about radical changes in the way the International Holding Company deals with the complexities of the global investment landscape, due to its capabilities supported by the leading G42 technologies and cooperation. With Microsoft, which sets new standards of excellence in the use of artificial intelligence in the fields of business and investment, according to the statement.
G42, by taking advantage of the largest artificial intelligence computing system in the UAE, is developing “Aiden” to serve as a “board monitor” for the International Holding Company, with its capabilities for continuous processing and real-time analysis of business data, financial information, market trends, and data. and global economic indicators for decades.
Through its focus on transparency, innovation and ethical business practices, Aiden embodies the values of the International Holding Company, its approach to thinking and its advanced vision for the future.
The name “Aiden Insight” has a symbolic and functional meaning for his role as the artificial intelligence monitor for the board of directors, as the word “Aiden” also has Irish origins (called both masculine and feminine), and it means “little fire” or “fiery,” and symbolizes the ability of artificial intelligence. To spark innovation and provide ever-evolving insights, while the second name “Insight” embodies the role of artificial intelligence in providing deep data analyses, providing the board of directors with valuable perspectives, and helping it make informed and strategic decisions.
Aiden Insight’s role includes a wide range of responsibilities, including continuous data analysis, risk assessment, strategic planning support, innovation tracking, ethics and compliance monitoring, in addition to her participation in IHC board meetings as a non-voting observer, to provide Real-time insights and ideas to enrich discussions and guide decisions.
Sayed Basr Shuaib, CEO of International Holding Company, said: “We are pleased to welcome (Aiden Insight) to our Board of Directors as an ‘Artificial Intelligence Controller’, powered by G42 technologies and in cooperation with Microsoft, in a pioneering initiative that reflects our firm commitment to adopting advanced technology and innovations. To enhance the leading position of the International Holding Company in the sectors of strategic investment and corporate responsibility.”
It is expected that the appointment of “Aiden Insight” to this position will bring many benefits to the company’s Board of Directors, such as improving the decision-making process through enhanced data analysis, strategic planning to ensure the sustainability of success, adapting to emerging developments and future trends, and enhancing the culture of innovation.. “Aiden’s” role will contribute “In managing resources efficiently, improving risk management, and maintaining the company’s reputation for ethical leadership.
The International Holding Company’s decision to appoint “Aiden” as an observer to the Board of Directors clearly embodies the company’s advanced and future-oriented approach and its firm commitment to leveraging technology to achieve sustainable growth and ethical excellence.
#The UAE
#International Holding
2024-02-27 04:48:32
#Appointment #Artificial #Intelligence #Consultant #observer #IHC #Board #Directors
