The Board of Directors determines the company’s direction and values, its strategy and its key policies. It examines and approves significant operations relating to these issues, ensures that they are properly carried out and identifies any actions needed to implement its policies. It decides on the level of risk the company is prepared to take.
The composition of the Board of Directors seeks to strike a balance between experience, expertise and independence, while respecting diversity, including gender equality. In particular, the Board of Directors aims to ensure that its members represent a cross-section of ages and have a range of professional and international experience. In addition, it endeavours to include people with a background in technological and digital transformation. The Appointments and Remuneration Committee carries out an annual review to assess whether balance has been maintained.