BAHRAIN'S PEARL OF GREAT PRIDE - Batelco Group

56 Batelco - Annual Report 2010CORPORATE GOVERNANCECorporate governance is the systemby which companies are directed andgovernance are transparency, integrity,Batelco we are committed to principlebased,value-driven corporatein our approach which embraces thegovernance principles developed by theBatelco’s Board of Directors maintainsan effective oversight of organisationalperformance and conformance byactivities and providing directivesto business, through Board andand the Trading Committee are twosubcommittees, that play an importantDirectors in 2010, met on numerousmeetings and subcommittee meetings isBatelco recognises that, withouttransparency there cannot bestrategic direction and results placesissues that may be of interest to theemployees seriously to safeguardand steward resources belongingstandards are maintained by havinga rigorous recruitment process andregular performance and disciplinaryalso implemented processes andcontrols to ensure that, informationthat it provides in its Annual Report andannouncements made to the public areindependently by external entities - suchBatelco recognises that performanceis central to preserving and creatingcustomers, employees, suppliers andvalue, Batelco continuously monitors andevaluates its performance, allocation ofevaluation, improvements are made inlines of authority and accountabilitythroughout the Company aim to eliminateat Batelco are embedded to a largeextent within the business unit activitiesand supported by an in-house team ofBatelco extends its corporate governanceobligation to social responsibilities whichbusinesses, charities and sponsorship ofDuring 2010, Batelco’s Board of Directorsalso established a Regulatory BoardBoard of Directors Position MeetingsAttendedAbdulla Al Khalifa Chairman 10/10 DeputyIsa Al Khalifa Chairman Director 10/10Hijris Director Director 9/10Al Aujan Director 9/10Al Khaja Director 10/10 Director 10/10Al Qassim Director 9/10 Director