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In pursuing its goals, AAIB aspires to be at the forefront of the best international good governance practices and to achieve an effective, agile and transparent system of business administration in which shareholders, as well as other stakeholders, feel that their interests are represented. In all the actions taken by AAIB?s Board of Directors, Board members are expected to exercise their business judgment in what they reasonably believe to be the best interests of the Bank. In discharging that obligation, Board members may rely on the honesty and integrity of the Bank?s senior management and its outside advisors and auditors. Corporate governance, in simple terms, describes how an organization is structured, who has the authority to shape its strategy and future, who is entitled to make decisions and who bears responsibility for them, and the safeguards to ensure proper implementation. It is also concerned with holding the balance of relationships between all stakeholders (mainly shareholders, staff and management, and clients), and aiming to sustain a successful and mutually rewarding relation. AAIB?s Corporate Governance Guidelines have been drafted to provide a formal overview of the principles, internal rules, and regulatory laws and guideline, which govern our business management practices. In doing so, we are keen to continuously revisit these guidelines and adjust them in a way that safeguards our business and integrity, and aims to carry on (uphold) a business prospect where all of us, as stakeholders, are winners together. Learn more on AAIB's Corporate Governance Guidelines.
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