At MEICO, we place a high priority on effective corporate governance. Our practices are centered around ensuring transparency, accountability, and ethical conduct at every tier of our organization. We have established a comprehensive governance framework that aligns with the standards of the Central Bank of Jordan.

We invite you to learn more about our corporate governance report for a deeper understanding of the structure and practices that are the backbone of our responsible and sustainable business operations.

Governance Structure

Our approach to corporate governance significantly enhances our decision-making, risk management, and overall business performance. Upholding high levels of transparency and accountability is not just our duty to our shareholders but also to the broader community. To ensure the effective execution of their roles, our Board of Directors has established five enduring Board-Level Committees, each tasked with specific responsibilities and equipped to implement the Board’s directives.

The Board of Directors

Our Board comprises 10 non-executive and independent members, each bringing unique insights and expertise.

Board Committees

Our governance is further strengthened by the presence of five Board-Level Committees:

– Audit Committee
– Nomination and Remuneration Committee
– Governance & Compliance Committee
– Investment Committee
– Risk Management Committee

For a detailed look at these committees and their role in guiding MEICO towards ethical and efficient governance, review our Corporate Governance Report.