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Wednesday, April 24, 2024 3:57 GMT
Bapco Chairman and Chief Executive Dr Dawood Nassif presided over the Board Meeting yesterday. The board reviewed the company’s performance for the first four months of 2021 as well as the market outlook and operational plans for the coming months. Key priorities such as safety, COVID-19 response, progress on the Bapco Modernization Program (BMP), human resource development and efficient management of finances and budgets were discussed. The long-term strategic plans for the company’s progress were presented and discussed.In addition, corporate governance and organizational issues were reviewed, and approvals granted. The board toured the BMP site and appreciated the significant progress that has been made on the project to date. It congratulated the management of the BMP on having achieved more than 45 million man-hours of work on the project without a lost-time injury or a significant process event. Work has continued without ceasing for even a single day despite the COVID-19 pandemic.