Minister of 'Social Affairs': Strengthening oversight on cooperatives to protect shareholders' funds and curb violations
Minister of Social Affairs affirmed the continued enhancement of oversight and follow-up in cooperative societies to improve performance efficiency and protect shareholders' funds.
Translated by Qiyas from السياسة — Original source
- Selection of financial and administrative auditors based on fairness and transparency criteria to enhance performance efficiency
Minister of Social Affairs, Family, and Childhood Dr. Amtal Al-Huwaili confirmed on Thursday that the ministry continues to strengthen oversight and follow-up, and to enhance performance efficiency in cooperative societies, contributing to the development of the sector and improving services provided to shareholders.
This statement was made by Al-Huwaili during a press interview while attending part of the personal interviews for applicants seeking positions as financial and administrative auditors in the cooperative sector, as part of the procedures to select new national cadres capable of performing oversight roles efficiently and competently.
Al-Huwaili stated that the ministry is keen on selecting qualified personnel for oversight positions, which contributes to protecting shareholders’ funds and ensuring compliance with the laws and regulations governing cooperative work.
She added that developing oversight work is a fundamental pillar for curbing violations and consolidating the principles of transparency and discipline in this vital sector, noting that the selection of national cadres is conducted according to criteria that ensure fairness and equal opportunity among applicants.
She clarified that the personal interviews are carried out according to clear and organized regulations, including video recording to document the selection stages and reinforce the principles of transparency and neutrality in the evaluation process.
Al-Huwaili praised the significant female presence among Kuwaiti women interested in joining the oversight workforce in the cooperative sector, indicating that this interest reflects the commitment of national cadres to participate and assume responsibility in various fields of public service.
She reaffirmed the ministry’s continued support for empowering national cadres in oversight positions within the cooperative sector, contributing to building a more efficient and disciplined oversight system and enhancing the quality of work in cooperative societies.
