Corporate Governance
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Corporate Governance
O&G Resources LLP is aware of how critical strong corporate governance is to the growth of the organization. As a result, one of the Board’s main responsibilities is to promote excellent corporate governance standards. We need non-executive independence, diversity in the boardroom and workplace, an open and transparent culture, and the work of our committees in putting the company’s values and policies into practice throughout O&G Resources LLP if we are to get this right for our stakeholders.
Leadership
Our Board actively challenges strategy in order to ensure that every decision we make is of the highest caliber.
Effectiveness
Our Board of Directors regularly assesses the independence, knowledge, proficiency, and skills of the directors.
Accountability
We consider the risks associated with every decision we make. effectively controlling risk.
“It is imperative that non-executive directors possess not only boardroom experience but also in-depth knowledge of the company and its relationships with important stakeholders.” They should therefore seize the chance to interact with key clients, shareholders, and staff members at all organizational levels.
Strong corporate governance is essential to O&G Resources LLP. Management and the control and audit authorities must work well together in order to uphold and protect the interests of all shareholders and foster trust in O&G Resources LLP. conforms to the Turkmenistan Code of Corporate Governance, which seeks to build a framework for accountable and transparent management and control that creates long-term value. In 2018, the corporate structure changed to become a holding company. A flat, straightforward, and open management structure is made possible by the management holding. Faster decision-making processes and greater accountability allow us to concentrate on the needs of our clients and market demands.