The governance framework supports the Company’s strategic matters. The framework flows to the subsidiaries and divisional levels to ensure that the business has a structure within which management can operate effectively.
The Board plays a pivotal role in strategic planning and has established clear KPIs to measure the Company’s strategic objectives. In addition, the Board ensures that its sound governance framework will enhance good corporate governance, improve internal controls and enhance the Company’s performance.
The Board is supported by various committees and the executive management team with clear terms of reference to discharge its responsibilities. The Board is responsible for the strategic direction of the Group’s and the Company’s governance framework.
The Board assumes collective responsibility for the performance of the Company through:
