Governance

Our Framework

Corporate governance at Alfa takes a thoughtful and considered approach, involving the Board as well as other key personnel, to identify and apply the principles of good corporate governance.

The following diagram shows the role of the Board of Directors and the Board Committees, and how they are supported by the wider business.

The Board

The Board comprises four Executive Directors, including the Executive Chairman, and five Non-Executive Directors. 

There are clear and documented roles and separation of duties between the Chairman and the CEO. 

• The CEO is responsible for determining the Alfa strategy and day-to-day operations, and leading the Company Leadership Team, which assists in the day-to-day delivery of this strategy and general operations. 
• The Chairman provides oversight and guidance to the CEO on the strategic direction, key commercial and contracting decisions, in addition to his responsibilities for running an effective Board. 

The Non-Executive Directors are independent. They bring wide and varied commercial experience to Board deliberations. All Directors have access to the advice of the Company Secretary.

Board Committees

The Board of Directors is assisted by various committees which report to it regularly. These committees follow separate terms of reference that define their authorities, duties and membership. 

These committees are made up exclusively of the Non-Executive Directors, other than the Nomination Committee which includes the Executive Chairman as a member.