The Team. Providing Strategic Direction.
The Leadership Team is collectively responsible to shareholders of the Company for its performance and for the Group’s strategic direction, its values and its governance. It provides the leadership necessary for the company to meet its performance objectives within a robust framework of internal controls. The Team has reserved to itself certain key matters on which it alone may make decisions. These include the Group’s business strategy, its budget, dividends and major corporate activities.
The Company is committed to promoting the highest standards of ethics and integrity in the pursuit of all of its activities. The directors, officers and employees of the Company are expected to act and to hold their office within the best interests of the Company. The Company expects that all directors act in compliance with all laws and regulations applicable to their office.
The Leadership team has adopted a Code of Business Conduct and Ethics for Directors, which provides guidelines to ensure that all directors of the Company respect its commitment to conduct business relationships with the highest standards of ethical conduct. A copy of the Code of Business Conduct and Ethics for Directors is available upon request from the Company’s Secretary.
The Leadership team is responsible for monitoring compliance with the Code of Business Conduct and Ethics for Directors. The Chief Financial Officer, Chief Executive Officer and Audit Committee are each responsible for reporting to the Leadership team any lack of compliance with the Code of Business Conduct and Ethics for Directors, and the Board has the ultimate responsibility for addressing such failures.
In the event that any transactions or agreements occur in respect of which a director or executive officer of the Company has a material interest, the matter must be submitted to the Leadership team. The Board may implement any measures that it finds necessary in order to ensure the exercise of independent judgment. In the event a director of the Company has a material interest in any transaction or agreement, such director will abstain from voting in that regard.