Gearbulk IntegratedReport 2024 Paperturn - Flipbook - Page 30
GEARBULK
SUMMARISED GOVERNANCE REPORT
OVERVIEW OF
OUR GOVERNANCE
The Board of Directors is committed to maintaining high standards of good corporate governance practices. In doing so, a solid
foundation is set to support the Group in managing business
risks, enhancing transparency and maintaining accountability,
ultimately protecting stakeholder interests. The Board, in consultation with the Shareholders, has considered the appropriateness
of the governance structure scaled to the size and nature of the
business.
SHAREHOLDERS
APPOINT
REPORT
BOARD OF DIRECTORS
APPOINT
REPORT
REPORT
AUDIT COMMITTEE
EXTERNAL AUDITOR
Continuous Professional Development of the Board
Board Composition
The Company Secretary noti昀椀es the Board of signi昀椀cant regula-
The Board comprises experienced members with diverse
tory developments. Board members engage in ongoing profes-
expertise in shipping, 昀椀nance, and law. Gearbulk considers
sional development through seminars, webinars, workshops,
its non-executive directors independent, with decisions
and readings. They stay informed on sustainability regulations,
guided by Shareholder Agreements. Shareholders are the
with their commitment re昀氀ected in strategic objectives, and
primary stakeholders represented on the Board.
complete mandatory annual sustainability e-learning programs.
The board consist of nationals from Japan (2), Norway
(2) and Switzerland (1).
Due to company size and structure, the board does not
represent under-represented social groups.
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PART 1 – WHO WE ARE
