This MoU with IOD India represents an important step forward in building stronger, more resilient business networks between the UK and India, as well as with broader international markets like the EU, Africa and the CIS…reports Asian Lite News
In a significant step towards strengthening global business ties, the UK Asian Business Council (UKABC) and the Institute of Directors (IOD) India have signed a Memorandum of Understanding (MoU).
The agreement was formalised by Mr. Taha Coburn-Kutay, Chairman of UKABC, and Mr. Manoj Raut, CEO of IOD India, underscoring a shared commitment to promoting corporate governance, professional development, and leadership training.
This partnership aims to create stronger, more resilient business networks between the UK and India while extending reach to international markets such as the EU, Africa, and the Commonwealth of Independent States (CIS). The collaboration reflects both organisations’ dedication to enabling businesses to navigate the complexities of cross-border trade and investment while fostering growth and development among their members.
“This MoU represents a pivotal moment in building stronger business networks between the UK and India and connecting with broader international markets,” said Mr. Taha Coburn-Kutay. “We are excited to partner with IOD India to create opportunities for our members, enhancing their ability to succeed in today’s globalized economy.”
Mr. Manoj Raut added, “This partnership aligns with our mission to foster excellence in corporate governance and leadership. Together, we will empower businesses to achieve their full potential through innovation, education, and collaboration.”
Key Initiatives Under the MoU:
1. Events, Conferences, and Webinars
The two organisations will co-host events, conferences, and webinars, providing platforms for knowledge sharing, networking, and fostering meaningful connections across diverse regions.
2. Executive Training Programs
Specialised training programs for business leaders in the UK, India, Africa, and Asia will be developed to enhance leadership skills and encourage collaboration in international business.
3. Industry Research and Policy Advisory
Joint research projects and policy advisory services will focus on emerging industries and markets, integrating insights from the UK, India, Asia, and Africa to drive impactful outcomes.
4. Business Delegations
Coordinated delegations will promote trade, investment, and cultural exchanges between Asia, Africa, and the UK, strengthening economic and social ties.
5. Certification Programs
New certification programs will empower Asian and African business leaders by equipping them with skills and credentials in global business management.
As part of the discussions during the MoU signing, the idea of establishing an office for IOD India in the UK was proposed, demonstrating the commitment to expanding collaboration. This initiative will be actioned in the coming months, further enhancing the strategic partnership.
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