Committees of the Board of Directors
To improve the overall efficiency of ChelPipe Group and its Board of Directors, the Board resolved to establish permanent advisory bodies in the form of committees. The committees are charged with previewing the most critical matters reserved to the Board of Directors so as to submit relevant recommendations to the Board of Directors and the sole executive body.
Audit Committee
The Audit Committee assists the company's governance bodies in overseeing ChelPipe Group’s financial and economic activities, and ensuring the reliability and efficiency of the internal control, audit and risk management systems.
Corporate Governance Committee
The Corporate Governance Committee assists the company's governance bodies in setting up, implementing and improving ChelPipe Group’s corporate governance framework and practices, regulating relations between the shareholders, the Board of Directors and the sole executive body, and liaising with the company’s controlled entities and other stakeholders.
Nomination and Remuneration Committee
The Nomination and Remuneration Committee assists the company's governance bodies in setting up and implementing an effective and transparent framework for remuneration processes, succession planning, HR policy improvements, and bringing the necessary expertise to the Board of Directors.
Strategic Planning Committee
The Strategic Planning Committee assists the company's governance bodies in delivering on their strategic planning and investment commitments, while also helping to put in place and implement an efficient development strategy for the Group.
Information Technology Committee
The Information Technology Committee assists in development and implementation of advanced digital solutions in the Chelpipe Group, optimization of key business processes using information technologies, increase of efficiency of large-scale IT projects implementation.
