The board and management are committed to maintaining the highest standard of corporate governance and transparency as key components to achieving the vision and growth strategy of the group.
The group maintains a robust corporate governance structure where the governance framework established subcommittees to support the board in the execution of its duties. Certain authorities have been delegated with specific authority to each subcommittee to enable effective control, while preserving the accountability of the directors of the board. This is implemented throughout the group in all the operational segments.
The group applies the principles as set out in the King IV report on corporate governance (King IV) to support its good performance whilst exercising effective control and maintaining the groups legitimacy. Trustco believes in and enforces an ethical tone from the top.