Corporate Governance

Our strong corporate governance aims to ensure we are accountable, ethical and transparent.

Corporate Bodies and Stewardship

Here’s how our Board oversee the company’s purpose, plans and policies:

Each of our four committees is responsible for a key governance area. The committees make sure we meet our customers’ needs, comply with industry regulations, manage and monitor risks, structure remuneration transparently, and stay true to our values.

Executive Committee

This is our main governing body, after the Board of Directors.  The Executive Committee monitors the overall performance of the Company across various divisions and provides support to the Board in evaluating the Company’s strategy, business plan, adoption of budget, and managing the Company’s investment portfolio.

Committee members

  • Sheikh Nasser Bin Ali Bin Saud Al Thani: Chairman of the Committee (Chairman and Managing Director)
  • Mr. Ghazi Kamel Abu Nahl: Committee Member (Group Chief Executive Officer)
  • Mr. Jamal Kamel Abu Nahl: Committee Member (Board Member and Chief Executive Officer – Insurance)
  • Mr. Abdallah Mohammad Barrage: Committee Member (Deputy Chief Executive Officer – Investment)

Audit Committee

The Audit Committee monitors our internal audit procedures and external auditors for effectiveness, independence, legal compliance, best practice, and company standards. The Committee also reviews the financial statements and annual reports according to the international accounting and disclosure standards.

Committee members

  • Sheikh Mohammed Bin Ali Bin Saud Al Thani: Chairman of the Committee (Deputy Chairman)
  • Mr. Khalifa Ali Al-Kaabi: Committee Member (Board Member)
  • Mr. Walid Ahmed Al-Saadi: Committee Member (Board Member)

Risk Committee

The Risk Committee is responsible for managing, reporting and monitoring financial and operational risk across the group. It ensures that we have appropriate risk controls and procedures, and comply with regulatory requirements.  The Committee also aims to continuously educate all employees on effective risk management processes.

Committee members

  • Mr. Khalifa Ali Al-Kaabi: Chairman of the Committee (Board Member)
  • Sheikh Mohammed Bin Ali Bin Saud Al Thani: Committee Member (Deputy Chairman)
  • Mr. Walid Ahmed Al-Saadi: Committee Member (Board Member)

Nomination and Remuneration Committee

The Nomination and Remuneration committee oversees and approves the remuneration structure proposals and bonuses for all senior management, executive management and board members. The Committee fosters a transparent approach that rewards exceptional performance and contributions to sustainable business results.

Committee members

  • Mr. Rashid Faisal Al-Numaimi: Chairman of the Committee (Board Member)
  • Mr. Walid Ahmed Al-Saadi: Committee Member (Board Member)
  • Mr. Hamad Mohammed Al-Mana: Committee Member (Board Member)

Governance Report

2016 Report (Arabic PDF 9.13MB)
2015 Report (Arabic PDF 5.88MB)
2014 Report (Arabic PDF 10.6MB)
2013 Report (Arabic PDF 0.14MB)
2012 Report (Arabic PDF 0.10MB)
2011 Report (Arabic PDF 0.46MB)
2010 Report (Arabic PDF 0.15MB)

Articles of Association

Articles of Association (Arabic PDF 7.3MB)

Board of Directors Charter

Board of Directors Charter (Arabic PDF 1.04MB)

Commercial Registration

Commercial Registration (English PDF 0.24MB)

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