FOSTERING VALUE CREATION
Committed to Continuous Improvement
Good governance is crucial to the delivery of our strategy, ensuring alignment with our stakeholders, empowering executive management and enhancing accountability and controls.
Yas Holding is committed to continually improving its governance practices to promote fairness, accountability, responsibility and transparency across the Group. Key aspects of our Governance Framework are described below:
Board & Committees
The roles and responsibilities of our Group Board of Directors and Board Committees are underpinned by our Board and respective Board Committee Charters.
Three principal Board Committees have been established to assist the Board in discharging its responsibilities. These are the Audit and Risk Committee, Investment Committee, and Nomination and Remuneration Committee.
Risk Management & Compliance
We operate in challenging environments and understand that risks
are an inherent part of our business. Identifying and managing risks
and opportunities, as well as continually reviewing our approach, is
key to the successful delivery of our strategy.
Our overarching compliance mission is to ensure business processes
and controls are efficient, in line with industry best practices, and
ultimately comply with the relevant laws and regulations.
Code of Conduct & Ethics
Our Code of Business Conduct and Ethics (Code) describes the legal and ethical
standards with which our Board members, Board Committee members, Executive
Management, employees and any third parties who have contractual arrangements
with the Group are expected to comply.
The Code details the expectations of the Group such as conflicts of interest and
confidentiality. The ultimate aim of our code is to promote a culture of fairness,
honesty, transparency and accountability.
Governance & Transparency
Our Anti-Fraud, Bribery and Corruption, and Whistleblowing policies aim to create and promote an anti-corruption culture across the Group. We also operate a Group-wide policy of zero tolerance to corrupt or fraudulent practice.
The Group is committed to ensuring that all concerned parties can confidentially raise any matters of concern without fear of retaliation, in the knowledge that they will be investigated appropriately.
Concerned parties can contact our dedicated whistleblowing hotline using the following:
Hotline: +971(02)-6149090
Email: whistleblower@yasholding.ae