2005/2006 - SANParks

ANNUAL FINANCIAL STATEMENTSfor the year ended 31 March 2006CORPORATE GOVERNANCE STATEMENTfor the year ended 31 March 20062006South African National ParksSouth African National Parks subscribes and is committed to complyingwith the principles and standards of integrity and accountability as containedin the recommendations of the King Report on corporate governance.The Board is committed to providing timeous and meaningful information.Board of South African National ParksThe Board of South African National Parks is established by the Presidentby notice in the Government Gazette for the control, management andpreservation of national parks and protection of public interest therein. Anew Board was established with effect from 1 April 2006 but the undermentioned committees were in existence and operated during the 2005/06fi nancial year.The Board consists of 18 members to be appointed by the Minister ofEnvironmental Affairs and Tourism, of whom:(i) one member, who is by virtue of his or her knowledge, capableof promoting the objectives of the Board in an unbiased andunprejudiced manner, shall be nominated by each of the Premiersof the respective Provinces; and(ii) nine members shall be appointed in consultation with the Cabinet ora Cabinet committee after the Minister has by notice in the Gazetteinvited all interested persons to submit to him or her, within theperiod mentioned in the notice, the names of persons, who in theopinion of such interested persons, are suitable to be so appointed,stating the grounds upon which such opinion is based.The Board meets at least quarterly. The Board monitors the performanceof the Executive Management by ensuring that all material matters aresubject to Board approval. The Executive Management attend Boardmeetings by invitation.The roles of Chairperson and Chief Executive do not vest in the sameperson and the Chairperson is a non-executive member of the organisation.The Chairperson and Chief Executive provide leadership and guidance tothe Board and encourage proper deliberation of all matters requiring theBoard’s attention, and obtain optimum input from the other members. Allcommittees of the Board are chaired by non-executive members of theBoard.Executive DirectorateThe members of the Executive Directorate are appointed by the Board. TheExecutive Directorate is involved in the day-to-day business activities ofthe organisation and is responsible for ensuring that decisions, strategiesand objectives of the Board are implemented. The Executive Directorateretains full and executive control over the organisation.99