IDC’s Board of Directors provides overall guidance and direction in the management of the company’s assets and investments.
The IDC Board is comprised of:
Responsible for all investment decisions, including investment policies, investment strategy, and procedures as well as matters pertaining to the effective management and oversight of the IDC’s portfolio and subsidiary companies
Audit and Risk Committee
Responsible for all audit and enterprise risk related matters i.e. internal audit matters as well as statutory audits and risk management pertaining to the IDC as a group including the approval of financial reports.
Management Executive Committee
Responsible for the day-to-day management of the corporation and operational issues pertaining to the IDC as a Group.
Finance and Administration Committee
Responsible for the IDC’s Annual Budgets and Work Plans, financial management, Staffing and Human Capital Development and ensuring a high-performance work environment is established in the IDC.
At the Management level, and in line with the Public Procurement Act, Management has also established a Procurement Committee which is chaired by the Group Chief Executive Officer.