The Executive Committee provides input and recommendations to assist the chief executive with strategy development and operational management. It is chaired by the chief executive.
The Executive Committee assists the chief executive to:
- develop group strategy and budget for approval by the Board
- execute the strategy once the Board approves it
- give assurance to the Board on overall performance and how we’re managing risks.
The chief executive, or his delegate, take all decisions. This is so there is a single point of accountability.