ABAX - Adding value to global business

ABAX - Adding value to global business

Governance & Board Services


ABAX provides integrated corporate governance and advisory services. Our aim is to help our clients use good Corporate Governance as a driver to increase Enterprise Value and achieve the following objectives:

  • Have better access to capital
  • Attract the best people
  • Improve operational and financial oversight/monitoring of the business from a shareholder or company perspective
  • Perform better operationally and financially
  • Improve decision-making

ABAX Corporate Governance Services offer resources for executives, directors and Board of Directors who engage in developing, implementing and maintaining good corporate governance as a practice.

 

Directorship services

We have a pool of Non-Executive Directors who can effectively contribute and add value to the Board of client companies by promoting sound risk management and corporate governance practices.

 

Board Services

  • Assisting with optimal board composition to ensure board effectiveness;
  • Providing advice on the regularity for holding board meetings;
  • Drafting focused agendas;
  • Circulating information with respect to any decision or communication to all relevant parties including authorities;
  • Assisting in the setting up of board committees;
  • Preparing board charters for board committees;
  • Providing induction to directors on Mauritian laws and the Code of Corporate Governance;
  • Conducting board evaluations; and
  • Drafting a code of ethics and assisting with its implementation.

 

Risk Assessment, Financial Reporting and Internal Control Services

These services will help our clients put in place:

  • Proper systems, controls and processes
  • Budgetary controls
  • Adequate financial metrics
  • Timely and accurate financial reporting
  • Dashboard of key performance indicators
  • Non-financial controls

 

Company Secretarial Services

  • Maintaining all company records and registers as per statutory requirements in Mauritius
  • Filing statutory returns and forms with the relevant authorities as per prescribed deadlines
  • Drafting agendas for shareholders’, board and board committee meetings
  • Preparing board packs and other relevant documents
  • Convening, holding and attending shareholders’, board and board committee meetings
  • Providing guidance to the board on its duties and responsibilities
  • Liaising with auditors and assisting them in the performance of their duties
  • Ensuring that quarterly, interim and annual audited financial statements are published and filed with the relevant authorities within statutory deadlines

 

Communication Services

  • Providing guidance on the need for reporting (quarterly reports, annual reports, publication of abridged accounts) to comply with applicable local legislations and ensuring liaison with the authorities
  • Keeping the board and management team abreast of any changes in relevant legislations and organising training sessions as appropriate
  • Implementing an appropriate framework for communication with stakeholders
Venkatesen Chetty

Director - Governance & Board Services

Email: venkatesen.chetty@abaxservices.com