Governance

We recognize the significance of effective corporate governance and thus communicate in an open and transparent manner, and act in accordance with legal, corporate and ethical guidelines.

Independent auditors

The independent auditors inform the Audit Committee regularly about their findings and about proposals for improvement. The Audit Committee assesses the external auditors and monitors the results of the audit. In 2011-12, the auditors participated in three meetings of the Audit Committee to discuss individual agenda items. KPMG Taseer Hadi & Co were appointed in 2004as auditors to Kohat Cement Company Limited. The auditors are in elected for a one-year term by the annual general meeting.

CORPORATE DOCUMENTS

• Code of conduct
• Risk Management Policy
• Directors Remuneration Policy
• Terms of Reference of Audit Committee
• Terms of Reference of HR&R Committee
• Whistle Blowing Policy
• Human Resource and Remuneration Committee Charter
• Audit Committee Charter
• Board of Directors Responsibilities
• Chairman Responsibilities