The purpose of corporate governance is to facilitate effective, entrepreneurial and prudent management that can deliver the long-term success of the company. The responsibilities of the board include setting the company’s strategic aims, providing the leadership to put them into effect, supervising the management of the business and reporting to shareholders on their stewardship. Corporate governance is therefore about what the board of a company does and how it sets the values of the company, and it is to be distinguished from the day-to-day operational management of the company by full-time executives.
Our corporate governance approach enables us to prudently and effectively pursue business goals. More importantly, it provides the groundwork with which we preserve the interests of our stakeholders – in a manner conducive to their expectations, and in compliance with regulatory requirements.
The strength of our corporate governance is bolstered by the support we receive from our group – Richard Peiris & Co. PLC, in addition to constant collaborations in reinforcing sound governance across the organization.
Arpico Insurance has established and maintained the following policies & adhere to CSE listing rules in order on Corporate Governance.