Corporate Affairs
| The Board and Management remain firmly committed to promoting sound corporate governance and adhere to the principles of fairness, responsibility, accountability and transparency as set out in "The Report on Corporate Governance for Mauritius" of April 2004. IBL will strive to comply fully with the recommendations of this report and motivates its staff to conduct business activities with integrity. |
 Board, Directors and Committees |
| The Board consists of 11 Directors, two of whom are executives as defined in the Report. The Directors bring a wide range of experience, wisdom and professional skills to the Board. |
| Role and Responsibilities
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| The roles of the Chairman and the Chief Executive are separate. The Chairman of the Board is elected by members of the Board. The Chairman has no executive or management responsibilities and acts also as Chairman of meetings of shareholders. The Chief Executive is appointed by the Board. Directors have a legal obligation to act in the best interest of the Company, to act with due care in discharging their duties as Directors, to declare and avoid conflicts of interests with the Company and the Group. The Board of Directors among other functions :
The Board meets quarterly and at such additional adhoc times as may be required. Members of Senior Management are invited to attend Board meetings to facilitate communication between Executive Management and Non Executive Board members. |
| Code of Ethics
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| IBL has adopted the JEC’s "Code of Ethics" which has been incorporated in all employees’ job descriptions and is an integral part of performance appraisal reviews. |
| Contact |
5th Floor, IBL House, Caudan, Port Louis, Mauritius. |
sprey@iblgroup.com |
+230 203 2004 |
+230 203 2001 |