Our Board is accountable to our stakeholders and is committed to high standards of corporate governance.
Hikma is committed to high standards of corporate governance and we work hard to ensure compliance with the Principles and Provisions of the UK Corporate Governance Code (the Code) published in July 2018 and the Markets Law of the Dubai Financial Services Authority.
Throughout 2023, Hikma complied with the Principles and Provisions of the Code, with the exception of Provisions 9 and 19. Further details can be found on pages 89 and 90 of our 2023 Annual Report.
The Board is the ultimate decision-making oversight and control authority in Hikma. The Board sets the strategic direction, monitors financial performance and challenges management ideas and performance. The Board promotes good governance within the Group, and seeks to ensure that Hikma meets its responsibilities to shareholders, employees, suppliers, customers and other stakeholders.
You can view more information on our board diversity policy here.
Board committees
The Audit Committee assists the Board in discharging its responsibilities for financial reporting, external audit, internal audit, internal control and risk management.
- Douglas Hurt
Audit Committee Chair, Independent Non-Executive Director - John Castellani
Independent Non-Executive Director - Nina Henderson
Independent Non-Executive Director - Cynthia Flowers
Independent Non-Executive Director - Laura Balan
Independent Non-Executive Director - Victoria Hull
Senior Independent Non-Executive Director
The Compliance, Responsibility and Ethics (CRE) Committee sets the overall strategy for the Group's response to anti-money laundering, bribery, corruption and trade sanction risks. It is responsible for approving the contents of all of Hikma’s policies in areas where ethical judgements are important.
- John Castellani
CREC Chair, Independent Non-Executive Director - Mazen Darwazah
Executive Vice Chairman, President of MENA - Nina Henderson
Independent Non-Executive Director - Douglas Hurt
Independent Non-Executive Director - Deneen Vojta
Independent Non-Executive Director - Riad Mishlawi
Chief Executive Officer
The Nomination and Governance Committee is responsible for corporate governance and succession planning, including the progressive refreshing of the Board and reviewing the appropriateness of the size, structure and composition of the Board.
- Victoria Hull
Nomination and Governance Committee Chair, Senior Independent Non-Executive Director - Mazen Darwazah
Executive Vice Chairman, President of MENA - Nina Henderson
Independent Non-Executive Director - Cynthia Flowers
Independent Non-Executive Director - Douglas Hurt
Independent Non-Executive Director - Deneen Vojta
Independent Non-Executive Director
The Remuneration Committee assists the Board in determining its responsibilities in relation to remuneration, including making recommendations to the Board on the Group’s policy on executive remuneration, determining individual remuneration and benefits package of each of the Executive Directors and recommending and monitoring the remuneration of senior management below Board level.
The Remuneration Committee’s latest Annual Report on Remuneration is included in our Annual Report.
- Nina Henderson
Remuneration Committee Chair, Independent Non-Executive Director - John Castellani
Independent Non-Executive Director - Cynthia Flowers
Independent Non-Executive Director - Douglas Hurt
Independent Non-Executive Director - Laura Balan
Independent Non-Executive Director