Governance Charter
Effective: January 2025
Purpose and Scope
This Governance Charter establishes the framework for board oversight, management accountability, and operational governance at Amaraa Global Management Private Limited.
Governance Principles
- Separation of ownership and management responsibilities
- Fiduciary duty and accountability at all levels
- Board oversight of strategic decisions and risk management
- Human accountability for all technology-enabled operations
- Transparency in reporting and stakeholder communication
- Compliance with all applicable laws and regulations
Board Composition and Responsibilities
The Board of Directors provides strategic oversight and ensures management operates within delegated authority. The Board:
- Approves strategic initiatives and major operational decisions
- Monitors risk management and compliance frameworks
- Reviews management performance and organizational effectiveness
- Ensures adequate resources and controls are in place
- Maintains accountability to stakeholders
Management Authority
Management operates under formally delegated mandates with clearly defined scope and limitations. All activities are subject to board oversight and conducted within approved policy frameworks.
Risk and Compliance Oversight
The organization maintains comprehensive risk management and compliance frameworks overseen by dedicated offices and regularly reviewed by the Board.
Stakeholder Communication
The organization maintains transparent communication with stakeholders through regular reporting, updates, and accessible channels for institutional inquiries.
Charter Review
This Governance Charter is reviewed annually by the Board and updated as necessary to reflect evolving best practices and regulatory requirements.