1. How often do you hold Board Meetings, Operational Meetings?
Board meetings take place twice a year. It also depends on the circumstances; if there is anything urgent and vital to debate and decide on, board meetings may be held. Operational meetings are held every month.
2. How are the meetings organised and who attends?
The meeting is attended by the board members as well as all the executives.
3. Are the roles of Chairman and Chief Executive differentiated?
Yes it is differentiated
4. How are the roles of Directors defined?
My father and uncle are the two directors in our firm. My father and uncle are in control of all choices, and they both get a say on everything. They are in charge of the company's financial management and oversight.
5. Do Directors have limited terms of office?
There is no such obligation in my family business.