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  • Corporate Governance Framework

    The Board of Massy Holdings Ltd. is committed to maintaining the highest standards of corporate governance across the Group’s various businesses. Good corporate governance is key to helping us to build successful businesses that can be sustained over the long term.

    Biographies of all board members can be found in the Board and Executive Committee page. 

     

    Chairman Responsibilities

    The Chairman leads the Board, ensuring its effectiveness while taking account of the interests of the Group's various stakeholders, and promoting high standards of corporate governance. 

     

    Chief Executive Responsibilities

    The Chief Executive leads the development of strategy and manages all aspects of the performance and Management of the Group. 

     

    Non-executive Directors

    Non-executive Directors of the Massy Group have the wide range of skills and experience necessary to enable them to provide constructive challenge, scrutinise performance and help to develop our strategy.

     

    Corporate Secretary Responsibilities

    The Corporate Secretary supports the Chairman in promoting the highest standards of corporate governance, and facilitating the effective functioning of the Board and its committees, where appropriate.

    A biography of the Corporate Secretary can be found in the Board and Executive Committee page.

     

    The Board Committees


    Board Committee

     

    The Board is supported in its work by two key committees. The work of the Committees is essential to the effective operation of the Board. The Committees consider in greater depth and detail, on behalf of the Board, issues relevant to their Terms of Reference, and report to the Board after every meeting. The current members of the Committees can be found in the Board and Executive Committee page.

    Massy Holdings Ltd Board Charter - Approved April 10, 2018

     

    Audit Committee

    The key responsibilities of the Audit Committee are set out in its Charter.

    Audit Committee Charter - Approved April 10, 2018

     

    Governance, Nomination and Remuneration Committee

    The key responsibilities of the Governance, Nomination and Remuneration Committee are set out in its Charter

    Governance Nomination Remuneration Committee Charter - Approved April 10, 2018

     

    The Executive Committee

    The Board delegates responsibility for formulating and, after approval, implementing the Group's strategic plan and for management of the day-to-day operation of the Group to the Chief Executive. The Group Executive Committee, which the Chief Executive chairs, supports the Chief Executive in carrying out his role and manages the day-to-day operation of the Group's businesses. The Group Executive Committee comprises the Executive Directors and a number of senior executives. 

    The current members of the Executive Committee can be found in the Board and Executive Committee page.

     

    The Investment Committee

    The Board delegates the responsibility for investment to the Company’s Investment Committee. The primary role of this Committee is to help in developing the Company’s investment objectives and corporate policies on investing. The key responsibilities of the Audit Committee are set out in its Charter.