Board of Directors
The Board is led by the non-executive Chairman, Dr Arjoon Suddhoo, while the executive management of the Company is led by the Chief Executive Officer. The roles of the Chairman and the Chief Executive Officer are separate and recognized in terms of the Report on Corporate Governance for Mauritius.
There were 12 directors serving on the Board of Air Mauritius as at March 31, 2015 and 3 other directors were subsequently appointed after year end. Only the Chief Executive Officer is an executive director. Nonexecutive and independent directors play a vital role in providing independent judgement in all circumstances. The non-executive directors are drawn from a diversity of business and other backgrounds, so as to bring a broad range of views and experiences to Board deliberations. Although the Board is presently composed of only one executive director as opposed two as prescribed/recommended by the Code, it is of the view that the spirit of the Code is being respected in view of the attendance and participation of Senior Executives at all Board meetings and deliberations on matters such as strategy and investment.
The Board acknowledges that the current practice is for the controlling shareholder to propose members of the Board for election by shareholders at the Annual General Meeting of the Company. Three of these are independent directors as defined by the Code. In line with the Code, all directors stand for re-election on a yearly basis. Nominations to the various Committees are also made on a yearly basis.
Senior Executives of the Company are invited regularly to attend Board meetings and sub-Committee meetings. External consultants are also invited to attend Board and sub-Committee meetings as and when their expertise is required.