Board committees
Board committees formation
Audit Committee
Dr. Mohsen Taha Sadeq
Dr. Farid Fawzy Lawendy
Gihan Mamdouh Muhammad Saleh
Mr.Ahmed Ashraf Aly KwJuk
Ms. Nevine Ali Faeq Sabour
Responsibilities and Duties of the Audit Committee:
- Review accounting policies and changes due to new accounting standards.
- Examine and review internal audit mechanisms, procedures, plans, results, and follow up on recommendations.
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Review procedures for preparing and auditing:
- Periodic and annual financial statements.
- Forecasted budgets including cash flow and projected income statements.
- Review draft financial statements before submission to the Board for referral to the external auditor.
- Review the auditor’s report, discuss remarks and reservations, and oversee resolutions.
- Address disputes between management and the auditor.
- Perform any other duties assigned by the Board.
Governance Committee
Khaled Zakaria Al-Adly
Mr. Amr Ibrahim Abu Al-Ayoun Abdel Nasser Selim
Mr. Hassan Ali Mohamed Ali
Gihan Mamdouh Muhammad Saleh
Ms. Nevine Ali Faeq Sabour
Responsibilities and Duties of the Governance Committee:
- Regularly evaluate the company’s governance framework and develop related policies, charters, and internal codes.
- Prepare an annual governance report assessing compliance with corporate governance rules and recommending improvements.
- Review the company’s annual and Board reports, focusing on disclosures related to governance.
- Document and monitor Board performance evaluation outcomes.
- Review feedback from regulators regarding governance practices and oversee corrective measures.