Board of Directors
The Board’s function is to direct the organisation’s strategy to achieve sustainable economic, social and environmental performance. The Board Members have extensive experience and skills required to enable them to exercise their fiduciary duties effectively. They are responsible for ensuring that the organisation is financially sustainable and led by an independent non-executive Chairperson that reports to the dtic. They strive to balance the pursuit and achievement of business objectives and compliance with the principles of good governance.
The CAV’s Board subscribes to the principles of good corporate governance and business practices. The principles of honesty, fairness, integrity, responsibility, accountability and transparency guide all its decisions and activities. CAV is committed to effective corporate governance to ensure it meets the interests of the organisation and its stakeholders.
More information will follow soon.
Corporate Governance
The CAV strives to balance the pursuit and achievement of business objectives and compliance with the principles of good governance. In determining good corporate governance and business practices, the Board is guided by:
- Companies Act, 71 of 2008 and supporting Regulations,
- The Public Finance Management Act, No. 1 of 1999 (PFMA) and supporting Treasury Regulations; and
- King IV report on corporate governance.