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About-Governance-Governing structures
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Governing Structures

The IoDSA is bound by the Companies Act No.71 of 2018 and its Memorandum of Incorporation (MOI). In addition, the IoDSA applies the voluntary principles of the King IV Report on Corporate Governance in South Africa 2016 (King IV).

As promoters of corporate governance in South Africa, we believe it is our duty to set the example of the application of good governance, on a proportionate basis, for a company of our size and nature.

Through ethical and effective leadership, we strive to achieve the governance outcomes of ethical culture, good performance, effective control and legitimacy. As part of our annual reporting, we produce a Governance Report that details our application of King IV per governance principle.

Our governance structure is as follows:

MEMBERS

Attend and vote at AGM

BOARD OF DIRECTORS

Strategic oversight and decision-making

View board members

BOARD COMMITTEES


Audit and Risk

Assists the board with oversight of internal controls, combined assurance including internal and external audit, finance function, financial and other reporting, risk governance, technology and information governance, and the investment portfolio.


Social and Ethics

Assists the board with oversight of ethics and culture, human resources, corporate citizenship, sustainable development and stakeholder relationships, and compliance with environmental impact matters.


Nominations

Assists the board with oversight of board composition, succession planning for both board and management, board nominations and selection process, board evaluations, induction and ongoing training for board members.


Remuneration

Assists the board with fair and responsible remuneration, and accurate and transparent remuneration disclosure.


Certifications

Assists the board with oversight of the awarding, revoking and maintenance of the IoDSA professional designations.


Member Conduct and Discipline Committee

Assists the board in overseeing matters related to member conduct and member discipline.

MANAGEMENT

Operational oversight and decision-making

view organogram