Board Committees & Independence
Arig's board is supported by the following sub-committees:
- Executive Committee
The Executive Committee assists the Board of Directors in fulfilling its supervisory responsibilities in guiding and evaluating the management of the Company, including its subsidiaries and joint ventures.
- Audit Committee
The Audit Committee assists the Board in fulfilling its controlling and oversight responsibilities by reviewing its financial reporting, system of internal controls, the audit process and the Company's compliance with applicable laws, rules and regulations.
- Nomination and Remuneration committee
The Nomination & Remuneration Committee assists the Board in reviewing the nomination and remuneration of Board of Directors and members of the Company's General Management through the application of best practices of Corporate Governance.
- Independence
All nine Members of the Board are non-executive, four Members additionally qualify as Independent Directors under the Central Bank of Bahrain's Rulebook. The Board meets all regulatory requirements for independence.
