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Corporate Governance BOARD & COMMITTEE STRUCTURE Finance & General Purpose Committee (5 NED, 3 INED) To oversee the Group’s financial reporting, capital and funding activities, acquisitions, investments and divestments as well as the external auditor’s activities Olusegun Olusanya (c) Olakunle Alake Sani Dangote Ernest Ebi Devakumar Edwin Emmanuel Ikazoboh Fidelis Madavo Douraid Zaghouani Audit, Compliance & Risk Management Committee (4 NED, 4 INED) To oversee the Group’s risk management, internal control systems, compliance procedures and the activities of the internal audit function. Ernest Ebi (c) Olakunle Alake Sani Dangote Devakumar Edwin Emmanuel Ikazoboh Fidelis Madavo Olusegun Olusanya Dorothy Ufot Board of Directors Remuneration & Governance Committee (4 NED, 4 INED) Chairman Group Chief Executive 8 Non-Executive Directors (NED) 4 Independent Non-Executive Directors (INED) To formulate remuneration policies and levels, recommend remuneration of the Group CEO, senior executives and Directors to the Board. Assist the Board in adopting and implementing appropriate governance policies and procedures. Nomination Committee (1 NED, 3 INED) To review the composition of the Board and plan for its progressive refreshing with regard to balance and structure as well as succession planning. Facilitate induction and mentorship programme for Directors. Technical & Operations Committee (6 NED, 1 INED) To oversee the Group’s plant operations, projects, health & safety procedures, production standards and quality. Emmanuel Ikazoboh (c) Sani Dangote Abdu Dantata Devakumar Edwin Ernest Ebi Joseph Makoju Olusegun Olusanya Dorothy Ufot Aliko Dangote (c) Ernest Ebi Emmanuel Ikazoboh Fidelis Madavo Olusegun Olusanya Fidelis Madavo (c) Olakunle Alake Abdu Dantata Ernest Ebi Devakumar Edwin Joseph Makoju Douraid Zaghouani Statutory Audit Committee* To ascertain whether the accounting and financial reporting policies are in line with required standards and review the effectiveness of the system of accounting and internal control. Oversee the internal and external audit function, including removal, appointment and remuneration of the external auditor. Robert Ade-Odiachi (c) Shareholder’s Representative Nicholas Nyamali Shareholder’s Representative Sheriff Yussuf Shareholder’s Representative Olakunle Alake Director Olusegun Olusanya Director Emmanuel Ikazoboh Director Duconsul artere, norunu invo, nos actum vendicto iam, ut es sa adenihi consit obsena, con Annual Report 2016 85 Group Executive Committee* To exercise all power and authority delegated by the Board in the direction and management of the business Onne van der Weijde (c) Brian Egan Anantharaman Vellore Rao Kallepalli Kashinath Bhairappa Oare Ojeikere Mahmud Kazaure Juan-Carlos Rincon Knut Ulvmoen Emmanuel Imoagene Oliver Obu

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