Governance

 

The governance structure of FAF-DC consists of the following levels:

         The shareholders

         The Board of Supervisors

         General Management (Chief Executive Officer)

The shareholders of FAF-DC are the organisation’s highest authority. The Shareholders normally meet once a year in the annual General Assembly but may decide to have extraordinary meetings as required and needed. The shareholders are responsible for the overall policies and strategies of the organisation, and for the following specific activities:

 

 
  • Appointment of members for the Board of Supervisors;

  • Appointment of External Auditors

 

  • Approval of strategy plans and business plans, inclusive of budget and forecasts;
  • Approval of audited annual accounts and annual reports

 

 

 

 

 

 

 

 

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