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UBP INTEGRATED REPORT 2022
INTRODUCTION ABOUT US MANAGEMENT APPROACH
CORPORATE GOVERNANCE REPORT
3. THE BOARD (CONTINUED)
Board Composition
The Company’s Constitution stipulates that the Board shall consist of a minimum of seven and a maximum of fifteen Directors.
The Board of the Company is of the opinion that based on its size and the specificities of its operations, it possesses the right balance of Executive, Non-Executive and Independent Non-Executive Directors and an appropriate mix of skills and experience which ensures that the Board is collectively well-equipped to guide and drive the Group’s strategy in view of delivering value.
At the time of writing, the Company is headed by a committed and effective unitary Board of eleven Directors from broad industry and professional backgrounds and with varied experience and expertise, all of which bring valuable perspectives to the Board.
27.3%
Female representation on our Board
95.8%
Board Meeting attendance
OUR BOARD
3 Key Expertise Independent
Non-Executive Directors
Economics Finance Governance
IT & Sustainability
Engineering Entrepreneurship Strategy
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Executive Non-Executive Directors Directors
The two Executive Directors are the Group CEO and the Group CFO.
The Independent Non-Executive Directors reinforce impartiality and objectivity on the Board, and enhance competencies, knowledge and experience which enrich Board discussions and contribute towards a high performing and effective Board.
Profiles of Directors as at June 30, 2022
Marc Freismuth
Former Chairman and Non-Executive Director
Resident in Mauritius
Mr Marc Freismuth was appointed Director of the Company in March 2006 and Chairman of the Board in August 2013, until his resignation on June 30, 2022. Born in France in 1952, Mr Freismuth holds a ‘Diplôme d’Etudes Supérieures de Sciences Economiques’ from the University of Panthéon-Sorbonne (Paris). Holder of an aggregation in Economics and Management, he was a lecturer at the University of Montpellier up to July 1988 when he decided to join the University of Mauritius as lecturer in management and finance up to July 1994. Whilst in this position, Mr Freismuth contributed to the setting up of the Stock Exchange of Mauritius Ltd as consultant to the ‘Stock Exchange Commission’ and member of the ‘Listing Committee’. Mr Freismuth is currently self-employed as consultant in management and finance. Fellow member of the Mauritius Institute of Directors (MIoD), he sits as Director on the Board of other public companies.