69 I N T E G R A T E D R E P O R T 2 0 2 1 C O R P O R A T E G O V E R N A N C E In addition, the composition of the Board meets the requirements of the Code in terms of gender. The Board is determined to move beyond compliance in this regard and is considering appointing additional women Directors to further improve its gender balance. The Board assumes responsibility for leading and controlling the organisation, providing strategic guidance, reviewing financial plans and monitoring performance, ensuring that a robust risk management system is in place and providing accurate information to shareholders, the public and regulators. It also ensures that the Company adheres to all legal, regulatory requirements and applicable corporate governance practices. The Board has set up four sub-committees to assist in the discharge of its duties, as morefully set out on page 71. The profiles and the full directorship lists of the members of the Board are set out on pages 22 to 26 of the Annual Report. Except for Mr David Somen, all the Directors reside in Mauritius. The Board has adopted an Equal Opportunity Policy pursuant to the requirements of the Equal Opportunity Act 2008. The Policy provides for the promotion of equal opportunity between persons, and also prohibits discrimination on the grounds of status and by victimisation. The Policy sets out the Company’s position on equal opportunity in each and every stage of the employment process, a process that is applied equally to all Board members and employees. The Company will regularly review its procedures and selection criteria to ensure that individuals are selected, promoted and treated solely based on their individual abilities and merits. COMPOSITION OF THE BOARD 1 Executive Director 4 Non-Executive Directors 5 Independent Directors COMMERCIAL AND INVESTMENT BANKING/ QUASI BANKING INTERNATIONAL BUSINESS AND REGIONAL RISK, COMPLIANCE AND LEGAL ACCOUNTING AND FINANCE SKILLS 0 100% 100% 50% 100% 80% 20 40 60 80 100 The skill set of the members of the Board is set out in the chart below.
RkJQdWJsaXNoZXIy MzQ3MjQ5