Corporate governance has helped El Sewedy Electrical Solutions in paving the way for future growth. It has also laid the ground for a clear separation between management and shareholders, which has minimized the chances for conflicts of interest to arise and provided grounds for a smooth inter-generational transfer of wealth and a divestment of family assets.
It clearly defines the relationship and responsibilities of our operating companies and boards as well as authority levels on important matters to facilitate rapid and effective decision making. Furthermore, the fact that it requires better systems of internal control has resulted in greater accountability and improved profit margins for our company.
The corporate governance process implemented by El Sewedy Electrical Solutions is driven by the scale, scope and complexity of the company's business as well as the shareholders vision of a professional, transparent and ethical organization.