eFinance adheres to and promotes ethical business practices across the full scale of its operations to facilitate effective and prudent managerial processes that ensure transparency and accountability. eFinance's corporate governance strategy is driven by the goal of cultivating a responsible work environment maintaining investor confidence, and adhering to relevant Egyptian laws, ultimately leading to the continued sustainability and long-term success of the firm.
eFinance is continuously assessing its governance policies, charters, and methodologies to minimize risks and ensure the absence of corruption and mismanagement. This includes the assessment of effective controls, information security, as well as the company's codes relating to employee conduct and safety to ensure that they are aligned with international best practices and local Egyptian laws.
Audit and Governance Committee
- The effectiveness and efficiency of internal control systems
- The integrity of the financial statements
- The efficiency and independence of the company's external auditor
- The performance of the company's internal audit procedures and controls
- The submission of the periodical recommendations and reports to the Board of Directors
Cyber Risk Committee
- Assessing the company's risk profile and ensure the implementation of the appropriate cyber-protection measures
- Entailing a detailed examination or audit of the company's digital vulnerabilities, existing defenses, areas of improvement for cybersecurity to ensure the safety, business continuity, and the sustainability of eFinance's operations.
- Ensuring that its activities are aligned with the priorities, requirements, and desired growth of the company
Compensation & Benefits Committee
- Aligning the compensations and benefits for the executive and senior management with the general goals of the company
- Evaluating employee performance and providing recommendations to the Board of Directors regarding incentive and compensation plans
- Managing the compensation programs for the company's executive members
Investment Committee
- Develop strategies and investment protocols with executive management aligning with the Group’s business operations strategies
- Guarantee that all stakeholders rights are secured
- Risk exposure alignment