corporate governance
Transparency and disclosure drives and enhances the stability and growth of the organization by implementing the global best practices and complying with the instructions issued by the regulatory authorities; Arzan’s has developed and approved its Corporate Governance structure. The Governance Structure is subject to periodic review and upgrade in order to reflect emerging trend consistent with AFG business philosophy, strategy and applicable regulatory requirements.
The existing structure reflects best corporate governance practices and enables the Board of Directors (BOD) and Senior Management to carry out their responsibilities and facilitates effective decision-making. The structure clearly lay down the key responsibilities and authorities of the Board, Senior Management, Business Units and other units responsible for the support and control function