Board of Directors

Tasks

• Preparation of upcoming resolutions of the Board of Directors concerning the redefinition or modification of the strategy
• Monitoring of strategic risks and measures
• Responsibility for mergers, acquisitions and sales of companies or portfolios
  

The SGC also ensures good corporate governance in the Helvetia Baloise Group, advises on urgent matters and assumes any duties and responsibilities delegated to it by the Committee or the Chair.

Tasks

• Proposals for the remuneration structure for members of the Board of Directors and the Group Executive Committee
• Determination of fixed and variable remuneration and compensation schemes for members of the Group Executive Committee
• Approval of the concept and strategy for employee benefit schemes in Switzerland
• Preparation of upcoming resolutions of the Board of Directors concerning the appointment and dismissal of members of the Board of Directors
• Proposals on personnel planning and on appointments and dismissals of chairs and members
• Appointment and dismissal of CEOs and members of the Executive Management for all country markets
• Securing and promotion of managers at senior management level
  

Tasks

• Assessment of financial statements
• Assessment of risk governance and organisation
• Assessment of internal control systems (ICS)
• Monitoring of operational risks and risk management measures
• Monitoring of the audits performed by the internal and external auditors
• Approval of the internal audit plan
• Coordination of the external audit plans, the audit results and special audit assignments
• Monitoring of the compatibility of auditing activities with any consultancy mandates
• Review of the external audit fees

The AC supports the Board of Directors in its tasks relating to overall supervision and financial control.

It also ensures optimal collaboration between internal and external control bodies, the AC, the Chair and the Group Executive Committee.

Tasks

• Preparation of the investment concept, basic guidelines and investment strategy
• Proposal of strategic asset allocation ranges
• Approval of the investment strategy
• Monitoring of the investment activities of the Helvetia Baloise Group
• Decisions on investments
• Determination of risk strategies and tolerances, risk appetite and applicable limits
• Monitoring of all risks and risk management measures, as well as compliance with limits