Depa Group maintains a clear demarcation between the Board’s responsibilities and those of our senior managers. The Depa Group Board of Directors is responsible for overseeing the Group’s performance and strategic direction, with the aim of protecting and enhancing shareholder value. Management is responsible for implementing the Group’s strategic objectives, and for carrying out the management and control of the Group’s operating activities.
To assist the Board in discharging its responsibilities, Depa Group has implemented a governance framework which provides for the delegation of functions to Board Committees. These committees are:
- The Nomination and Remuneration Committee;
- The Audit and Compliance Committee; and
- The Investment and Risk Committee.
A more detailed description of the Depa Group Board and its committees can be found in our Corporate Governance Framework.