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The American University of Beirut (AUB) held a seminar on the evening of October 31, 2011 to initiate the Rami Fouad Makhzoumi Chair in Corporate Governance in the Olayan School of Business.
The Rami Fouad Makhzoumi Chair was awarded by Fouad Makhzoumi and his wife, May Naamani, in memory of their son, Rami Makhzoumi, who died at the age of 33 in April, 2011, and, as an entrepreneur in the business world, was known for having prioritized ethics, such as accountability and governance, in his work.