64 / 156
CORPORATE GOVERNANCE
2015 governance highlights
Q
Participated in IoDSA’s governance assessment for the second time – achieved overall AAA score, indicating the highest application of the principles
and recommendations of King III
Q
Audit committee comprises only independent non-executive board members
Q
Majority of the board is independent.
COMMITTEE STRUCTURE
Audit
committee
Members
Lindie Engelbrecht
(chairman)
Gavin Tipper
Thabo Mokgatlha
Responsibilities
See audit committee
report on page 79
Risk
committee
Members
Stewart Shaw-Taylor
(chairman)
Lindie Engelbrecht
Pieter Prinsloo
Laurence Cohen
Responsibilities
See risk management
report on page 28
Remuneration
and nomination
committee
Members
Ethan Dube (chairman)
Lindie Engelbrecht
Stewart Shaw-Taylor
Gavin Tipper
Responsibilities
See Hyprop’s remuneration
policies and practices on
page 66
Investment
committee
Members
Pieter Prinsloo (chairman)
Stewart Shaw-Taylor
Laurence Cohen
Louis Norval
Kevin Ellerine
Responsibilities
Assist the board in
considering opportunities
for acquisitions, disposals
and other corporate
activity. Approves
acquisitions, disposals
and capital expenditure
in line with its limits of
authority and the strategy
determined by the board.
Social and ethics
committee
Members
Mike Lewin (chairman)
Pieter Prinsloo
Vasti Booysen
Karin Eichhorn
Desirée Nafte
Steven Riley
Responsibilities
Monitor Hyprop’s activities
in terms of social and
economic development;
good corporate
citizenship, health and
public safety; consumer
relationships; and labour
and employment.
CORPORATE GOVERNANCE
continued
View charters of each committee online.
The chairmen of key committees – audit, remuneration and nomination, and social and ethics – are all independent non-executive directors.
62
Hyprop Investments Limited
Integrated Report 2015