GOVERNANCE > Exco
TC Moodley (Chairman)
Meets formally monthly to review detailed operating
performance of the company and assess capital allocation
proposals in line with the board mandate.
Comprises four executive directors and the group commercial executive, by invitation. The group CEO is the chairperson and the group CFO the deputy chairperson.
The executive committee comprises the group's executive directors. It is responsible for the daily running of the group and regularly reviews current operations in detail, and develops strategy and policy proposals for submission to the board.
The CEO liaises on a regular basis with the CFO and other directors, with regard to matters concerning the daily running of the group to be raised at the committee meetings. The executive committee, which also acts as an investment committee, meets at least once a month, assists the CEO with the performance of his duties, and is responsible for inter alia: