BNermeen Shhata, BPP Oversight Committee Member

Nermeen Shehata, Associate Professor, The American University in Cairo (Egypt)

Nermeen Shehata is a tenured associate professor of accounting at The American University in Cairo (AUC). She was an associate at Global Governance Services Ltd, UK and a corporate governance researcher at the Egyptian Institute of Directors (EIoD). She is a fellow of UK Higher Education Academy (HEA) and a Certified Management and Business Educator by UK Chartered Association of Business Schools (CABS). She is a Certified Independent Director by the Egyptian Financial Regulatory Authority (FRA), a Certified SME Governance Trainer, and Certified Women on Boards and in Business Leadership Trainer by the International Finance Corporation (IFC). She holds a PhD in Management (Accounting concentration) from Aston University, UK.

Shehata’s main research interest is corporate governance (CG). She was selected by the Association of Chartered Certified Accountants (ACCA) to assess CG status in Egypt contributing to an international report published by ACCA/KPMG. She translated an earlier version of the Egyptian CG code from Arabic to English and contributed to European Corporate Governance Institute (ECGI) codes database. She was a member of the Egyptian Ministry of Public Business Sector committee formed in 2016 to update the CG code for State-owned Enterprises. She was invited by the International Finance Corporation (IFC) to join a high level advisory board to support and guide a project on the influence of female inclusion on boards in Egypt. 

She was also invited to present the results of her research assessing transparency and disclosure in Egypt at a “High-Level Roundtable on Investment Attractiveness and Transparency of the Egyptian Capital Market” held in 2017, in an event organized by Govern, IFC, Egypt for Information Dissemination (EGID) and supported by Rockefeller Brothers (RBF) and the Japanese Ministry of Finance. She was lastly invited in 2019 to present a suggested plan for governance monitoring and results measurement at the roundtable on “Governance Indicators and Egypt’s Future and Perspectives” organized by the United States Agency for International Development (USAID) Egyptian Economic Governance for Development Project (EGDP), in cooperation with the Ministry of Planning, Monitoring, and Administrative Reform (MOPMAR) and the National Management Institute (NMI).

Shehata presented her research in the most prestigious accounting conferences held by the American Accounting Association (AAA), and the European Accounting Association (EAA). She presented two reports on CG disclosure in Egypt and the Gulf countries at the 30th Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR), United Nations Conference on Trade and Development (UNCTAD) meeting. She has published her research in top-tier academic journals including International Review of Finance, Applied Economics, Journal of Management and Governance, Corporate Governance and Managerial Auditing Journal. She is a member of the Middle East North Africa/Organisation for Economic Co-operation and Development (MENA-OECD) Working Group on Corporate Governance, and the Accounting Research Network (ARN) of the UNCTAD- ISAR.

Shehata has received several prestigious international awards including: 2014 “Emerald/EFMD MENA Management Research Award”, 2015 Millstein Center “Rising Star of Corporate Governance” Award by Columbia University, 2016 “Adrian Cadbury Memorial Award” presented by the International Corporate Governance Network (ICGN), 2018 Poets & Quants “Top 50 Undergraduate Business Professors”, 2018 Emerald’s inaugural “Real Impact Awards” highly commended entry in the individual commitment category, and 2019 “Study UK Alumni Awards” presented by the British Council where she was a finalist in the professional achievement category. Shehata was lastly recognized by Egypt’s presidency in 2020 on the International Women’s Day in a ceremony entitled “The Egyptian Woman: The Icon of Success” celebrating 15 successful Egyptian women from several disciplines.