Our Governance
Governance as the strong foundation of SANBS’ business
Our Governance
Reporting frameworks, process and combined assurance
Committees of the SANBS Board
Committees play a vital role in supporting the Board to discharge its responsibilities effectively. They promote independent judgement, strengthen accountability, and ensure a balanced distribution of power within the company. By delegating specific areas of oversight to these committees, the Board can focus on strategic direction while benefiting from the specialised expertise of its members.
Committees of the SANBS Board
Audit committee (AC)
This committee oversees financial reporting, ensuring accuracy, compliance with laws and regulations, and sound financial management to support SANBS’ sustainability and vital work.
Governance, Social and Ethics Committee (GSEC):
The GSEC oversees our ethical practices, ensuring that SANBS operates responsibly, with integrity, and in alignment with our values. This committee addresses ethical concerns, upholds high standards of conduct, and promotes accountability. The Board works closely with the GSEC on governance matters, including the review of policies, frameworks, and systems that guide SANBS.
Human Resources and Remuneration Committee (HR and Remco):
The HR and Remco oversees people-related policies and practices, including recruitment, training, development, and remuneration. Its goal is to ensure a fair, motivating, and supportive work environment where employees feel valued and empowered to perform at their best.
Clinical Governance Committee (CGC):
The CGC focuses on medical and clinical matters, ensuring that we provide safe and effective services. The committee monitors the quality of products and services and makes recommendations to enhance donor and patient safety and clinical outcomes.
Nomination Committee (NomCom):
The NomCom’s role is to identify and select new Directors for the Board. They make sure that we have the right mix of skills and perspectives represented on our Board to guide SANBS effectively.
Risk, Technology and Information Governance Committee (RTIG):
The RTIG is responsible for overseeing risk management, compliance and technology matters. Its mandate includes identifying and monitoring potential risks to the company and ensuring appropriate mitigation measures are in place. The committee also ensures compliance with applicable laws and regulations, while overseeing the governance of technology and the protection of information.
Operating with clarity and purpose
Each committee operates in accordance with a Terms of Reference, approved by the Board, which defines its mandate and responsibilities while ensuring alignment with relevant laws, regulations, and governance principles.
To promote transparency, detailed reports on each committee’s work are included in our Governance Report. These outline committee membership, their focus for the year, and specific goals for the upcoming year.