The purpose of the Committees is to assist the ASL Board of Directors in fulfilling its oversight and supervisory responsibilities. For details on the committees follow the links below.
The function of the Audit committee, is to assist the Board by providing an objective non-executive review of the effectiveness of the company’s financial reporting.
Reviewing and assessing the capital needs of ASL, making objective recommendations to the Board and overseeing implementation and monitoring of the Capital Management Strategies.
To consider and make recommendations to the Board on the composition of the Board, appropriate criteria for Board membership and performance, the tenure of Directors generally and where required, the suitability of nominations for the position of Director.
The HR & Remuneration committee reviews and makes recommendations to the Board - in conjunction with Management - on HR and Remuneration matters.
The IT Committee reviews and makes recommendations to the Board on governance, strategies, priorities, risks and expenditure relating to IT including Communications.
To consider and make decisions on pricing and contracts as recommended by ASL Executive management, to ensure the retention and growth of ASL’s existing client base.
To consider and make decisions on the effectiveness of the company’s risk management framework.