The Board is committed to achieving the highest standards of corporate governance and ethics and expects similar standards from all employees.
The Board consists of not less than five or more than ten members, all non-executive Directors.
The Board meets as a committee to consider issues pertaining to the appointment of new Directors.
and to confirm that the Group’s financial affairs are conducted in accordance with prudent commercial practice, the requirements of the Group Procedures Manual and the prudential standards issued by the Regulatory Authorities in the countries in which the Group operates.
Directors are entitled to seek independent legal advice on their duties at the Group’s expense, provided that they seek the prior approval of the Chairman.
The Board is committed to identifying significant business risks and has put in place a number of measures to manage such risks.
The Board communicates with shareholders at least once a year by means of a comprehensive annual report. In addition, the Board provides shareholders with continuous disclosure of information considered to be price sensitive to the Group’s shares. At all times the Board ensures that statutory requirements regarding disclosure are met.
The Group is an equal opportunity employer and does not tolerate sexual harassment towards employees.
Policy and Procedures
The Group has in place both Staff and Procedures Manuals, which set out duties for each staff member and systems for all procedures.