Home: Corporate Governance

Corporate Governance

     
 

…A proactive, focused management ...
Committed to business success through implementing high standards of corporate governance to maintain a leading position within the business sectors and the community…

The company is committed to high standards related to corporate governance. Aamal Company Q.S.C view corporate governance as an important success factor and also a responsibility towards the board, investors & local authorities.

The company operates by applying clear responsibilities within the board and the management.

The executives are operating from a well defined rules, authorization matrix and quantitative / qualitative targets.

The executive management act upon authorities approved by the board of directors. Dedicated executive committees were formed and meets quarterly to assess operational effectiveness and ensure that the company is in line with its budgets.

The company is adhering to its procedures and policies manual which is evaluated periodically by third parties to ensure updating procedures and to be in line with international best practices. Also, the company is using latest oracle system as the backbone IT system.