Sofico's corporate governance and management structure

In November 2004, Sofico revised its corporate governance for more transparency and openness, proper conduct and accountability of its management and the board. We believe that operating our company in a transparent, reliable, ethical and efficient way will further enhance our ability to sustain growth, it will guide every decision we make and create an ideal business environment for our team, customers and partners to work in.

The corporate governance policies provide a framework for the best operation of our company and not only has the goal to be consistent with Sofico’s shareholders’ interest and the requirements of the law, it also installs an advisory committee and controlling function of the management team and it will create more transparancy and provide a complete and accurate information flow towards Sofico personnel.

This structure will actively involve three “bodies of governance” with their respective goals and objectives, their mutual cooperation agreements and information exchange systems and procedures. These three levels are the Shareholders, the Board of Directors and our Managing Director and Management Team.

Gémar Hompes, Managing Director

We are convinced we have both the management and the board structure to sustain our ambitious growth plans and that our customers and partners will benefit from the current organizational structure.