The Company is committed to the highest standards of corporate governance for the enhancement of shareholders’ value. The Company believes that good corporate governance not only protects investors’ interest but also the Company’s interest. It is also of the view that good corporate governance is a reflection of the standard and quality of the management and operations of the Company, which is pivotal in winning over the long-term support of stakeholders on which the Company’s success is dependent. YouSort World holds to strong corporate governance in regards that the company’s businesses serve the international community. Hence the company employs a high standard of governance which aids in achieving nothing but the best for investors and partners of the company. YouSort World, wherever, whenever, building businesses around the world; a world of business possibilities!
Board of Directors
The Company is led and controlled through the Board of Directors, which is constituted by 6 Executive Directors (executive directors are the senior operating managers or directors responsible for making decisions to fulfill the mission and success of the company), 4 Non-executive Directors (A non-executive directors are members of the company’s board of directors who are not part of the executive team. Non-Executive directors do not engage in the day-to-day management of the company but are involved in policymaking and planning exercises.), including the Chairman of the Board.
The Board oversees the overall management and operations of the Company. Major responsibilities include approving the Company’s overall business, financial and technical strategies, setting key performance targets, approving budgets and major expenditures, supervising and scrutinizing the performance of management. The Board has established the following committees: the Corporate Governance Committee, the Audit Committee, the Remuneration Committee, the Nomination Committee, and the Investment Committee.
Corporate Governance Committee
The main duty of the Corporate Governance Committee is to ensure and uphold good corporate governance functions of the Company.
The main duty of the Audit Committee is to ensure the objectivity and credibility of the financial reporting of the Company.
The main duty of the Remuneration Committee is to review and develop the Company’s policy on remuneration for its Directors, members of its board committees and its Senior Management. It also provides a medium of public accountability, which is not controlled by the Company’s management.
The main duty of the Nomination Committee is to ensure a fair and transparent procedure for the nomination and appointment of competent Directors.
The main duty of the Investment Committee scrutinizes with diligence, investors and partners who would want to inject monies into the company’s portfolios. And also to set up a policy to guide the Company’s investments in financial instruments to maximize return on the Company’s cash reserves having regard to the risks involved.
These people will be appointed as brand ambassadors across the globe who will sell the services and portfolios of YouSort World Co. Ltd to potential investors. They will day in day out preach to the world of the company’s business and services aiding in bringing more investors. This ensures that the company reaches its goals by researching into economies for business investment and getting investors to come on board for a joint establishment.