Corporate Governance

At Denholm Yam, we position Corporate Governance as one of our most important management focuses. Seeking to realize sound corporate growth and development while also giving consideration to all our stakeholders, we work constantly to establish and ensure the efficient functioning of optimal management systems. We are committed to maintain globally accepted standards of corporate governance and business integrity. Our Corporate Governance framework aims to achieve an efficient allocation of resources and clear mechanisms for setting strategies and targets, in order to maximize and protect stakeholder interests. Denholm Yam strives to attain this goal by defining clear and efficient decision-making processes, fostering a climate of performance and accountability among managers and employees alike, and aligning employees’ remuneration with the long-term interests of stakeholders.

Corporate leadership

The management team are experienced and have deep knowledge of the respective business and the industry. They embody the company’s high performance culture and uphold our corporate values while leading the attainment of our business objectives. Our corporate governance standards that promote the principles of integrity, transparency, and accountability will protect and likely enhance our stakeholder value. We believes in good business practices, transparency in corporate financial reporting, and the highest levels of corporate governance are essential components of the success.

Commitment to Ethical Behaviour

The good reputation of our company is based on the excellence of its services and the respect of ethics in the conduct of business. Our ethical policy and procedures provide a binding framework for our employees and our stakeholders. They are a means of reaffirming the values of Denholm Yam to be shared and respected on a daily basis.

Our ethical Policy statement.

Given the region’s concerted emphasis on economic security, the concept of ‘whistleblowing’ has assumed an increased importance in the laws of the Middle East. We recognize the pivotal role played by employees in highlighting wrongdoing coming into focus, and the view that whistleblower protection enhance confidence in stakeholders and promote good corporate governance, by gaining an increasing acceptance among the interested parties.

Risk Management Practices

Our Senior Management are responsible for the integration of risk management into key business planning processes. Every year, the management team assesses the risks faced by the Company and the adequacy of existing measures. To enable better decision-making responding to risks, the Company employs a comprehensive, integrated approach to identifying and articulating the risks to the business. This involves the active participation of various management levels throughout the company. This risk assessment process is supported by our Enterprise Risk Management (ERM) model. Our risk categorization process take into account of both “External” and “Internal” foreseeable risks.