Transparent oversight. Disciplined execution.
The standards that underpin every NREC decision — from board oversight to disclosure policy.
Governance & Leadership
We, at NREC, believe in ensuring transparency, integrity, and accountability in every endeavour. Committed to implementing best practices and standards, we conduct business in a way that inspires confidence and investment.
Internal Control Program
An Internal Control Program is a structured framework that ensures the integrity of financial reporting, compliance and operational efficiency.
- Risk Assessment: Identifying and analyzing potential risks that could impact the achievement of organizational objectives.
- Control Activities: Determining, evaluating and establishing control measures and policies to mitigate identified risks.
- Information and Communication: Ensuring that relevant information is effectively communicated throughout the organization.
Board Committees & Charters
Our board operates through specialised committees, each governed by a documented charter.
Audit Committee
Oversees financial reporting, internal controls, internal audit function and relationship with the external auditor.
Mohamed Hamad Abdulaziz Al Mutawaa
Bader El Jeaan
Christopher Micheal Gordon
6 meetings / yr
Risk Committee
Oversees enterprise risk management framework and reviews key risk exposures across NREC's business activities.
Bader El Jeaan
Christopher Micheal Gordon
Faisal Jamil Sultan Al Essa
4 meetings / yr
Remuneration & Nomination Committee
Oversees succession planning, board composition, executive remuneration and performance evaluation.
Christopher Micheal Gordon
Bader El Jeaan
Tarek Abdulaziz Sultan Al Essa
4 meetings / yr
Code of Ethics
Sets the ethical standards and professional behaviour expected of all directors, employees and representatives of NREC when acting on behalf of the Company.
Download (PDF)Articles of Association
The founding constitutional document of NREC, governing the Company's structure, shareholder rights, board powers and the rules under which it operates.
Download (PDF)Whistleblower Policy
Provides a safe, confidential channel for employees and stakeholders to report suspected misconduct, fraud or violations without fear of retaliation.
Download (PDF)Anti-Bribery & Corruption Policy
Prohibits all forms of bribery and corruption in NREC's business dealings and outlines the controls, responsibilities and reporting obligations required to uphold this commitment.
Questions About Our Governance?
Our Corporate Secretary's office is available to answer questions about governance practices, board composition, or shareholder matters.