Friday, January 23, 2009

Middle East Investor Relations Society signs MoU with UK counterpart

Dubai, January 24, 2009: The Middle East Investor Relations Society (ME-IR Society), a non-profit organisation dedicated to promoting and developing the investor relations profession, announced today that it has signed a Memorandum of Understanding with the IR Society of the UK.

Under the terms of the agreement, ME-IR Society and the IR Society of the UK will extend mutual cooperation to benefit members of both societies. Members will be able to explore speaking opportunities, participate in networking events, attend professional development programmes and webinars, as well as access educational materials produced by both societies.

The MoU was signed recently by Michael Chojnacki, co-founder of the ME-IR Society, and Michael Mitchell, General Manager of the IR Society of the UK, during a ceremony held in London.

“We are extremely pleased to announce this agreement with the IR Society of the UK, a champion of professional standards within the IR community for over 25 years,” said Chojnacki. “The ME-IR Society was established last year to support the development and practice of IR across the region, and encourage the development of international best practices standards. This partnership reinforces this commitment to enhance IR standards in the region.

“We are confident that, through this agreement, members will benefit immensely from the initiatives undertaken by both societies to promote cross-border learning.”

Mitchell said: “We are delighted to be working in association with the Middle East Investor Relations Society. The Investor Relations Society of the UK hopes that we will be able to assist our Middle Eastern counterpart organisation in encouraging the development and understanding of best practice investor relations in the region. We recognise the Middle East is an increasingly important and sophisticated economic and business environment and with increasing diversification of industry, it is paramount that excellent investor engagement and communications becomes standard throughout. We applaud the ME-IR Society in acting as a vanguard for this task.”

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