The Country Executive Committee is a standing committee of the Group Management Board.
The main purpose of the Country Executive Committee is to provide to the Group Management Board all necessary assistance, support and advice in order to streamline the decision-making process and prioritise issues to be handled by the Group Management Board.
In addition, the duties of the Country Executive Committee include the following matters:
- Participation in the preparation of the annual budget by country
- Assisting the Group Executive Committee in setting up the annual budget and monitor major investments, acquisitions, cash flows and financial activities at the local level
- Verifying compliance with local regulations, particularly in terms of safety, security, and social responsibility