In terms of depth and quality, TransCorp has assembled one of the most distinguished and capable Board of Directors in Nigeria. As a young Nigerian company operating under challenging market and policy conditions TransCorp recognizes that a major source of assurance to our local and international investors and partners is the composition of our board and the qualifications of our senior management. Two important criteria that have been used in the selection of the members of the Board have been long experience in senior and chief executive positions at large and demanding organizations and integrity in the conduct of the affairs in these organizations.
The composition, decisions and actions of the Board of TransCorp are consistently directed to:
- Maintain adequate oversight over management decisions and actions
- Review and assess management performance
- Offer support to management in its efforts to reach TransCorp’s goals
- Ensure that a proper and adequate system of checks and controls are in place to assess and manage risks in all our investments, without stifling the entrepreneurial space of our management
- Attract capital to our various projects
- Ensure that TransCorp is the partner of choice for foreign firms seeking to partner with a local company in our business focus areas
- Support market confidence in the quality of our securities.
The annual general meeting (AGM) offers the Board an opportunity to present a scorecard of its performance in its fiduciary duty as a guardian of shareholder interests.
|
Printer Friendly Version
