At ACE, corporate governance is directed and managed by
a well-established system. This system influences how
the objectives of the Company are set and achieved, how
risk is monitored and assessed and how performance is
optimized.
It is also the process and structure used to direct and
manage the business and affairs of ACE with the aim of
enhancing business prosperity and corporate
accountability. The ultimate objective is to realize
long term shareholder value, while taking into account
the interests of all stakeholders.
The ACE Corporate Governance Policy encourages the
Company to create value through fostering a
entrepreneurial spirit combined with innovation,
development and exploration. It also provides
accountability and control systems commensurate with the
risks involved.
Our corporate governance structure firmly establishes
the roles of management of the board. It creates a
careful balance of skills, experience and independence
on the board appropriate to the nature of our operations
within each Country.
All board members, executive
management and managers who influence ACE’s
strategy and financial performance must show integrity
and be ethical in all decision making processes.
The key components of the Corporate Governance framework
are:
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Business planning |
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Risk management |
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Performance monitoring |
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Accountability |
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