Fipar-Holding’s governance structure is based on a Board of Directors and two permanent committees appointed by the Board: an Investment Committee and a Risk & Audit Committee.
The Board of Directors of Fipar-Holding is the highest governing body of the company. It validates the strategy, sets performance targets, determines the required resources, monitors performance against targets and ensures effective management of risk.
Each investment proposal is subjected to in-depth analysis ranging from the characteristics of the sector in which the company operates, up to the marketing of products and services, incorporating strategic and financial analysis, corporate values and skills requirements.
At the end of this initial selection process, Fipar-Holding’s investment team submits their recommendations to the Investment Committee for final decision.
The Investment Committee also examines all divestment proposals to decide on the appropriate course of action.
This committee receives assignments from the Fipar-Holding board in the areas of accounts preparation and risk management.
Regarding accounts, the committee examines accounting procedures and standards and issues recommendations, it analyses interim and annual accounts and discusses auditor appointments.
Regarding risks, the committee examines and makes recommendations on the implementation of risk mapping and analyses the risk monitoring policy.