Demetra Holdings Plc fully adopts the Corporate Governance Code as issued by the Cyprus Stock Exchange. The Board of Directors comprises of seven directors, out of which five are non-executive.
According to the provisions of the Corporate Governance Code, the Board of Directors has established a Nomination Committee, a Remuneration Committee, an Audit Committee and a Risk Management Committee.
The Board of Directors of the Company has assumed responsibility for the internal audit of the Company to the independent auditors PwC, a global leader in audit and assurance, tax, transactions and advisory services. The audit covers all systems of internal controls, including financial and operational systems, as well as compliance and risk management systems that threaten the achievement of the Company objectives.
The external auditors of the Company are Grant Thornton Cyprus. Grant Thornton is among the nation’s leading professional services firms, providing audit, tax, advisory and regulatory services.
The legal advisors of the Company is Scordis, Papapetrou & Co LLC, a leading Cypriot law firm with a broad corporate, banking, commercial and litigation practice.