General Organization for Social Insurance
Saudi Arabia
Asia and Pacific

Governance framework project

Implementation year
2019

The General Organization for Social Insurance (GOSI) of Saudi Arabia, since its foundation in 1973, has experienced strong growth and development. It has worked remarkably to achieve its strategic objectives by emphasizing on the application of the governance practices in the organization. Because of that, it has set a dedicated objective for enhancing governance model.

Previously, GOSI was organized by the efforts to govern its projects and operations based on the corporate needs instead of an effective system that follows good governance guidelines. Therefore, it decided to follow the ISSA Guidelines on Good Governance, in addition to analysing good governance best practices nationally and internationally to develop GOSI’s Governance Framework to ensure precisely defined roles and policies, and to achieve higher levels of transparency, accountability and participation.

Topic:
Governance and administration