Governance Structure
General
Assembly
Board of
Directors
Subsidiary Boards
of Directors
Executive Management
Company Committees
(Audit, Nominations and Remuneration, Executive, Governance and Risk, Compliance)
First line of defense
Business Units
Responsible for maintaining effective internal controls and implementing risk and control procedures on a daily basis.
Second line of defense
Control Functions
Oversee risk and compliance management to assist in building and monitoring controls established by the business units.
Third line of defense
Internal Audit
Provides comprehensive assurance built on the highest level of independence and objectivity within the company with regards to the effectiveness of governance, risk management, and internal control.