“Governance is the systems and processes for ensuring proper accountability, integrity and openness in the conduct of an organization’s business through which shareholders assure that their assets are administered to their satisfaction.”
The Board of Directors has adopted a Corporate Governance Plan which clearly defines the role and the relationship between, the Board of Directors and Management. The guidelines address matters such as the constitution and independence of the Board, the functions to be performed by the Board and its committees, and the effectiveness and education of board members. Rifco maintains an independent board.
Board of Directors
Rifco understands that Shareholders are the owners of the Company. They deserve to be treated as such.