Corporate Governance.
Strong governance is the foundation of sustainable performance. AVA Capital Plc is committed to the highest standards of integrity, accountability, transparency and responsible decision-making across all of its regulated businesses.
Governance Philosophy
Governance Built on Accountability.
At AVA Capital Plc, governance is embedded in the way we make decisions, manage risk, protect stakeholder interests and create long-term value.
Our governance framework promotes independent oversight, ethical conduct, disciplined execution and compliance with the highest regulatory standards.
Governance Framework
Four pillars. One standard.
Board of Directors
Provides strategic direction and independent oversight of the Group.
Board Committees
Support effective governance through specialist oversight and informed recommendations.
Executive Management
Executes strategy within clearly defined governance and accountability frameworks.
Risk, Compliance & Internal Control
Protects the Group through proactive risk management, regulatory compliance and strong internal controls.
How AVA Makes Decisions
A single line of sight from shareholders to clients.
Every decision at AVA flows through a defined chain of accountability - from the shareholders who entrust us with capital, to the clients we ultimately serve.
Shareholders
The ultimate stewards of the Group, whose interests inform every decision.
Governance Principles
Six principles. Applied without exception.
Integrity
We act ethically and responsibly in every decision.
Transparency
Clear communication and accountability to stakeholders.
Independence
Objective oversight and balanced decision-making.
Risk Management
A disciplined approach to identifying and managing risk.
Compliance
Meeting regulatory obligations while exceeding best practice where possible.
Long-Term Value Creation
Balancing today's performance with tomorrow's opportunities.
Governance Documents
A public library of standards.
All documents are reviewed periodically and updated in line with regulatory changes and internal best practice.
Committee Structure
Specialist oversight, focused mandates.
Each committee operates under a written charter approved by the Board, with defined membership, meeting cadence and reporting lines.
Oversees financial reporting integrity, external audit and internal audit effectiveness.
- Review financial statements and accounting policies
- Oversee external auditor independence and performance
- Approve the internal audit plan and monitor findings
Quarterly, and as required
Reports directly to the Board of Directors
Provides oversight of enterprise risk appetite, exposures and mitigation strategies.
- Review the Group's risk appetite and risk register
- Monitor credit, market, liquidity and operational risks
- Assess emerging risks and the effectiveness of controls
Quarterly
Reports to the Board of Directors
Ensures board effectiveness, succession planning and adherence to governance codes.
- Lead director search, induction and evaluation
- Advise on board composition, diversity and independence
- Oversee governance policies and disclosures
Semi-annually, and as required
Reports to the Board of Directors
Sets a fair, competitive and performance-linked remuneration framework.
- Approve executive and non-executive remuneration policy
- Review performance-based incentive structures
- Ensure alignment with shareholder and long-term value creation
Semi-annually
Reports to the Board of Directors
Governance Timeline
The evolution of oversight.
- 2018
Company Founded
Investment banking and securities brokerage licences secured.
- 2019
Regulatory Licences
Asset management licence obtained; governance policies formalised.
- 2021
Expansion of Business Lines
AVA Trustees Limited commences operations; four-business structure complete.
- 2023
Strengthened Framework
Enhanced enterprise risk and compliance framework across the Group.
- 2026
Public Listing on NGX
AVA Capital Plc listed by Introduction on the Nigerian Exchange Limited.
- Beyond
Future Growth
Deepening board independence and pan-African governance standards.
Continue your journey
Explore the wider Group.
Confidence, by design
Strong Governance Inspires Confidence.
Our commitment to transparency, accountability and responsible leadership underpins every decision we make and every relationship we build.
