MAIIC is a self-regulating entity through its Board of Directors and shareholders. The Board of Directors for MAIIC comprises a minimum of seven (7) and a maximum of thirteen (13) directors of whom one (1) is a Managing Director and the rest (12) non-executive as follows:
As per the Memorandum and Articles of Association of MAIIC, the chairperson of the general meetings will be restricted to Class A, Class C and Class D of shareholders.
MAIIC will be governed by a rigorous corporate governance charter and will have the following board committees:
- Finance and investments
- Environmental, social and governance
- Audit, risk and compliance
Click here to download MAIIC’s Memorandum and Articles of Association