2016

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SECRETARIAt REPORT

SECRETARIAT REPORT Corporate governance involves a set of relationships between SEIFSA’s management, its board, its member Associations and other relevant stakeholders. By promoting the integrity, accountability and transparency of the organisation, adequate corporate governance practices are particularly essential to achieving and maintaining high levels of public trust and confidence in the operations systems and processes, which constitute the premise to its effective functioning. The Company Secretariat is committed to assisting the Board of Directors in upholding corporate governance standards and principles with the aim of maximising the long-term value creation for the member Associations and relevant stakeholders. This is ensured through awareness of the corporate governance rules and principles as laid out in the Companies Act, 71 of 2008 and the King III report on Corporate Governance and regular monitoring by the by the Company Secretariat. In the year under review, there were four Board meetings held on the following dates: • August 2015 • November 2015 • February 2016 • May 2016

Dr Martyn Davies: Chief Executive Officer, Frontier Advisory, delivering his speech at the at the MEIndaba 2016

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SEIFSA ANNUAL REVIEW 2016


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