Corporate Governance

We, at Sawaeed Holding PJSC, are committed to the best practice in corporate governance. We do our business with professionalism, transparency, integrity, and high work ethics.

The Board of Directors, assisted by the Executive Management Committee and the Internal Audit Team, ensures that corporate governance is applied in all business processes, activities, and operations.

Our Corporate Governance includes:
•        Reliable, accurate, and transparent reporting.
•        Compliance with local and international laws, rules, and regulations.
•        Adherence to corporate policies and procedures.

Board of Directors
The Board of Directors operates under the directives Board Chairman. The Board is responsible for reviewing and approving the corporate business strategy and overseeing operations. The Board applies appropriate controls and ensures that all objectives are aligned with the Sawaeed Holding PJSC strategy.

Executive Management Committee (EMC)
The EMC reviews all investments and ensures a balance between risks and returns. It assesses internal controls, ensuring objectivity, independence, and cost-effectiveness, and recommends appropriate improvements. The committee comprises the Managing Director, Chief Executives of business units, and Heads of Legal and Finance Departments.

Group Internal Audit (GIA)
Group Internal Audit assists the Board of Directors and Executive Management in discharging their duties of overseeing and enhancing Group operations. This is achieved through independent audits and consultations designed to evaluate and enhance the internal control system. Group Internal Audit reports to the Board.
Internal Control Framework
Sawaeed Holding’s system of internal control has a key role in ensuring that the Board and Management are able to achieve the Company’s business objectives, as well as safeguarding the Company’s assets.

Risk Management
Sawaeed Holding PJSC assesses all risks associated with its business and investments and develops plans to prevent any losses and damages at the Group level, including subsidiary and affiliate companies.

Code of Conduct
Our management and employees adhere to our Code of Conduct, which covers general business principles, compliance, privacy and confidentiality


Contact Info & location

+971 2 5594444


11th street, ICAD III, M40 Mussafah South - Abu Dhabi

Sawaeed holding © COPYRIGHT 2019