Board Committees

The Board has formalized four (4) Committees and delegated them with specific responsibilities to enhance its monitoring and oversight responsibilities.

Finance Audit and Risk Committee

The purpose of the FAR Committee is to assist the Board of the Company in discharging its oversight obligations to shareholder(s) by ensuring the Company and its related bodies effectively manage the financial and business risks faced by the Company through policies and frameworks including the use of external reviews such as audits from time to time.

Remuneration Committee

Remuneration Committee’s purpose is to assist the Board in discharging its oversight obligations to shareholders by ensuring the Company and its related bodies have remuneration policies and framework that are contemporary and fairly reward employees as individuals and as a team having regard to performance.

Major Investment Committee

The Investment Committee’s role is to assist the Board in discharging the Board’s obligation to its shareholder especially in establishing sound investment policies, framework and directives for the Board to make informed and sound investment decisions to grow the company’s revenue.

Community and Social Responsibility Committee

The Community and Social Responsibily Committee’s role is to assist the Board in discharging the Board’s obligation to its shareholder especially in establishing sound investment policies, framework and directives for the Board to ensure that the Company’s business operations is considerate to its stakeholders including impact area communities and other stakeholders in its development foot prints.

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