63 / 316
AfrAsia Bank Limited and its Group Entities
Annual Report 2015
page 61
BOARD APPRAISAL
The Board of Directors has undergone a performance appraisal exercise during the year. The Directors have evaluated the Board
as regards to:
its function;
the size, composition and independence of the Board;
whether the Board meetings are professional, efficient and well-structured;
the role and function of the Chairperson; and
the role and function of the Board Committees.
The results of the performance appraisal exercise were encouraging and the Directors also identified areas that can be improved to
enhance the performance of the Board as a whole.
DIRECTORS’ REMUNERATION AND BENEFITS
Total remuneration and benefits received, or due and receivable, by the Directors from the Bank and its subsidiaries for the year
ended 30 June 2015 were as follows:
YEAR ENDED
30 JUNE 2015
YEAR ENDED
30 JUNE 2014
YEAR ENDED
30 JUNE 2013
Executive
Directors
Non-Executive
Directors
Executive
Directors
Non-Executive
Directors
Executive
Directors
Non-Executive
Directors
MUR
MUR
MUR
MUR
MUR
MUR
THE BANK
AfrAsia Bank Limited
33,455,585 33,587,111
54,958,959 2,760,479 38,344,339
1,917,534
THE SUBSIDIARIES
AfrAsia Investments Limited
-
-
-
-
-
-
AfrAsia Holdings Limited
-
-
-
-
-
-
AfrAsia Corporate Finance
(Pty) Limited
20,062,598
-
4,155,961
10,139,902
-
-
AfrAsia Corporate Finance
(Africa) Limited
-
-
-
-
-
-
AfrAsia Capital Management
Limited
8,973,788
-
5,848,092
-
-
-
AfrAsia Corporate Finance
(Mauritius) Limited
-
-
-
-
-
-