QINVEST is fully committed to effective governance with the objective to protect the interests of all stakeholders.
To help the Board of Directors fulfil its governance responsibilities, committees have been established to undertake much of the detailed review of items brought before the Board for its consideration.
The Board Risk, Audit & Compliance Committee, Board Investment Committee, Nomination and Remuneration Committee, and Steering Committee apprise the Board of the items that fall within their scope and provide advice and make recommendations to the Board about these items.
Each committee establishes an annual work plan to guide its activities in the upcoming fiscal year.
The Board and Management Committees include:
- The Board Risk, Audit & Compliance Committee is a sub-committee of the Board of Directors. The primary purpose of the committee is to assist the Board in the effective discharge of its responsibilities for financial reporting, internal controls, risk management, compliance monitoring, and internal and external audit.
- The Board Investment Committee is responsible for the implementation and periodic review of the investment and credit strategies and objectives as approved by the group’s Board.
- The Nomination & Remuneration Committee is a sub- committee of the Board of Directors. The primary purpose of the committee is to ensure the adoption of best practice and adherence to regulatory requirements when conducting an independent review and stewardship of the activities related to compensation and benefits, contractual terms and other staff related matters including Training and Competency, policies, succession and resource planning, dismissal, etc.
- The Steering Committee shall be responsible for the active and general management of the group and shall review and approve strategic, operational, investment and business decisions.