Board of Directors

The Board of Directors is vested with the principal responsibility of promoting sound corporate governance. It sets the company’s vision and mission, strategic objectives, and key management policies and procedures. It also establishes and approves the mechanisms by which senior management is evaluated.

The board is composed of nine members, more than half of whom are independent and non-executive directors. Directors have a one-year term of office, which ends when their successors are elected and qualified.

Independent directors may serve for a period of not more than nine (9) years.