Corporate Governance

OFT Corporate Governance

“Corporate Governance is concerned with holding the balance between economic and social goals and between individual and communal goals …. The aim is to align as nearly as possible the interests of individuals, corporations and society” – Sir Adrian Cadbury

All of our OFT Holdings Management team are committed to maintaining and adhering to the principles of good corporate governance, transparency, integrity, participation and accountability with regard to all of their dealings with our investors, clients, suppliers, shareholders and stakeholders. 

Our published Equity Charter has changed the way we as an organization are striving to align and incorporate our team members into the core of our business which in turn governs our actions and business values.

Our Value and Ethics policy is well publicized.

All companies managed by the OFT Holdings management team are up to date with their statutory requirements.

To ensure that the necessary checks and balances are in existence the roles of the CEO, COO, CLA and CFO are not vested in the same person. This separation of duties and responsibilities offers an efficient and impartial reflection of the Group’s commercial and trading position to its shareholders and stakeholders.

The Group further continues to innovate and administer centralized services by utilizing our OFT Projects division to cost effectively upgrade, manage and refine functions such as Supply Chain, Marketing, Information and Data Systems, Communications, Human Capital development and Business and Risk administration systems for our Group’s members.

This allows us to harness the resultant economies of scale which, in turn, allows for accelerated growth within leaner and more efficient business units that are able to focus on executing their own operational strategies.

Our Data management and Retention systems are considered highly efficient with technical data, R&D as well as statutory documents being retained and administered on web, cloud and network based data archives.