Compliance Member
The Compliance Member of Global Projects Services AG is a monocratic body composed of a single external member with independent powers of initiatives and control. The Compliance Member regulates its activities through specific regulations.
The autonomy and independence of the Compliance Member are guaranteed by the position recognized to it within the organisational structure of the company, and by the necessary requisites of independence, integrity, and professionalism of its members, as well as by the reporting lines towards the Board of Directors of the Company.
The term in office of the Compliance Member is 3 (three) years; the Compliance Member leaves office on the date of the Shareholders’ Meeting called for the approval of the financial statements connected with the latest year of its office, but the member continues to perform its functions ad interim until the appointment of the new Compliance Member. The Compliance Member can be confirmed in the office for no more than 3 (three) consecutive mandates, up to a maximum of 9 (nine) years.
The Compliance Member has the main task of supervision of the effectiveness of OM&C Model and monitoring of the implementation and updating activities of OM&C Model.
The Compliance Member of Global Projects Services AG can be contacted at: