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.
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.
The Chief Executive leads the development of strategy and manages
all aspects of the performance and Management of the Group.
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.
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 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
The key responsibilities of the Audit Committee are set out in its Charter.
Audit Committee Charter - Approved April 10, 2018
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 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
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.