Company Governance Amerson's company governance guides how we behave and make decisions to reflect our long term business strategy formulating and the way to implement them. Also it showcases the transformation of our company in terms of facing the changing global business environment.
The Board of Directors is responsible for providing governance and oversight over the strategy, operations and management of Amerson. The Board collectively is responsible for the following due diligence:
Reviewing and approving Amerson?s strategic and financial plans for achieving long-term success of the company;
Reviewing progress in executing the plans and/or in changing the plans in response to evolving business conditions;
Selecting, evaluating and compensating the company's senior executive officers;
Reviewing Managing Director and management succession planning and leadership development programs;
Probing and determining the major risks faced by Amerson and the strategies for addressing those risks;
Reviewing and approving any major transactions or changes in business direction;
Assuring that processes are maintained to ensure the integrity of the financial reporting and disclosures by the company and compliance with legal and ethical responsibilities.
Ethics, Conflicts and Board Conduct Members of the Board of Directors shall act at all times in accordance with Amerson's Core Values, which is applicable to all directors as well as all other Amerson personnel. This includes, in particular but without limitation, strict adherence to Amerson's policies with respect to conflicts of interest, confidentiality, and ethical conduct in all business and personal dealings. The Board does not expect to grant any waiver of any provision of the Core Values for any director or executive officer. Board members must be mindful of possible conflicts of interest, including anything that could impair their independence as a director under these guidelines, and should discuss any issues with the Managing Director, Chairman and other Directors. If a significant conflict arises and cannot be resolved, the director would be expected to resign. The Board is further committed to full disclosure of potential conflicts and any waiver approved by the Board.
The company will not make any loans or extensions of credit to directors. No director or immediate family member may provide personal services for compensation to the company other than Board compensation described elsewhere in these guidelines.
