US firm to carry out IDB Group Reform

Click here: IINA – US firm to carry out IDB Group Reform

The Islamic Development Bank (IDB) signed recently a formal Contract of Engagement with the Washington-based Centennial Group consulting firm to carry out the IDB Group Reform, which is a major pre-requisite for the implementation of the IDB 1440H Vision, elaborated in 2006. Dr. Ahmad Mohamed Ali, IDB President and Harinder Kohli, President and CEO of Centennial Grou, signed the deal at a ceremony held in Washington last Saturday, according to an IDB statement.

The aspiration of the IDB Vision is that “by the year 1440H (2020), IDB shall enhance its current position as a world-class development bank, inspired by Islamic principles, that has helped significantly transform the landscape of Comprehensive Human Development in its member countries. The IDB Group Reform in which the Centennial Group will be contributing through the services of its seasoned experts is a comprehensive transformation process covering, inter alia, preparation of strategic plans, organization, governance, corporate culture, human resources and information technology.


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