RMAS is committed to maintaining the highest standards of corporate governance, ensuring transparency, accountability, and effective oversight in all our operations.
Strong leadership with independent oversight
Experienced leadership team
Unbiased oversight and governance
Board independence ratio
Governance committees
The Board includes executive directors who bring operational expertise and industry knowledge to strategic decision-making.
Independent directors provide unbiased oversight, ensuring decisions serve the best interests of stakeholders.
Specialized committees for effective governance oversight
Oversees financial reporting, internal controls, and risk management processes.
Ensures compliance with governance standards and ethical business practices.
Monitors and manages enterprise-wide risks to ensure business sustainability.
Our commitment to strong corporate governance
We maintain open and honest communication with all stakeholders, ensuring timely and accurate disclosure of information.
Clear lines of responsibility and accountability at all levels of the organization.
Treating all stakeholders fairly and equitably, without discrimination or bias.
Timely and effective response to stakeholder concerns and market changes.
Our governance framework based on Insurance Act 2021
The RMAS Board Charter establishes the roles, responsibilities, and procedures for the Board of Directors in accordance with the Insurance Act, 2021 (Act 1061) and NIC corporate governance guidelines.