The Board of Directors is responsible for the corporate governance at ABC Capital and has put in place a board charter to enhance its corporate governance practices. The Board of Directors is committed to the ongoing implementation of initiatives to improve corporate governance for the benefit of all stakeholders. Ownership and management have been separated, with the board delegating the day to day running of the company to the General Manager.
Furthermore, this enables our directors to balance their responsibilities and provide an oversight role as providers of strategic counsel, thereby achieving a proper balance between compliance and performance. While the board formulates policy guidelines, the management is tasked with implementation of the policies.
The board ensures that there is effective communication with shareholders through holding of Annual General Meetings.
Our staff members are also guided by a set standard of ethics which encourages and facilitates accountability, transparency and confidentiality.