Corporate Governance
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Corporate Governance
Oil Horizons is aware of how crucial good corporate governance is to the growth of the business. As a result, a significant portion of the Board’s work involves promoting high corporate governance standards. We require clearly defined roles and duties, non-executive independence, diversity in the boardroom and the workplace, an open and transparent culture, and the efforts of our committees in carrying out the Company’s principles and policies throughout the Oil Horizons if we are to achieve this right for our stakeholders.
Non-executive directors must have a solid awareness of the company and its relationships with important stakeholders in addition to their job in the boardroom. They should therefore seize the chance to interact with shareholders, important clients, and staff members across the board.
Good business governance is extremely important to Oil Horizons Field. An effective working relationship between management and the control and audit authorities is crucial to upholding and advancing the interests of all shareholders and fostering confidence in the Oil Horizons. obeys the Kazakhstan Code of Corporate Governance, which strives to create an ethical and transparent framework for management and control that produces long-term value. In 2023, the business structure changed to a holding corporation. A flat, straightforward, and transparent management structure is possible thanks to the management holding. Thanks to quicker decision-making processes and increased accountability, we can concentrate on customer needs and market demands.
