Our Board of Directors
strictly follows the ‘Code of Corporate Governance’ of the Securities and Exchange Commission of
Pakistan (SECP) which serves as a guide for formulating company fundamentals and policy
framework. A Board of Directors’ meeting calendar is issued annually that schedules matters
reserved for discussion and approval. The full Board meets at least four times a year for
approval of quarterly accounts and for long term planning.
Our commitment to the highest standards of integrity and transparency shapes our governance
framework and processes, which are aligned to the industry’s best practices. Every employee at
FrieslandCampina Engro Pakistan is a part of the governance system and is required to adhere to
clearly laid out policies and procedures.
The Governance Principles
primarily helps in establishing a system whereby a company is directed and controlled by the
directors in accordance with the best governance practices to safeguard the interests of the
stakeholders. These principles emphasize upon openness and transparency in corporate affairs and
the decision making process.
Following policies encompass
some of the different aspects of corporate governance at
FrieslandCampina Engro Pakistan: