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AfrAsia Bank Limited and its Group Entities

Annual Report 2015

page 77

RELATED PARTY TRANSACTIONS

Please refer to note 37 on “Related Party Disclosures” of the Annual Report.

HEALTH & SAFETY

At AfrAsia Bank Limited, the health and safety of its people is

fundamental to daily operations. Workstation Health and Safety

audits and regular inspections of our offices are carried out to

ensure that all risks are being managed effectively and that

health and safety is embedded as part of the Bank’s environment

for the benefit of all stakeholders.

The Bank’s core objective is to achieve an accident free

workplace, by identifying and controlling all potential hazards

in the workplace, while ensuring that regular risk analysis is

performed.

AfrAsia Bank Limited has Health and Safety standards and

policies as well as procedures to safeguard the occupational

health, safety and welfare of its employees, clients and

contractors working within its premises. Regular briefing

sessions help keep employees informed and prepared for

emergency events. Employees are involved in the identification

of risks and the possible impact and mitigating actions as this

helps promote a culture of safety and awareness, and provides

more in terms of prevention and control. Specialised teams in

all locations are briefed in First Aid and fire evacuation routines;

a high level of preparedness helps when conducting the annual

fire drills.

Highlights for the Financial Year 2014-2015

The Health and Safety Committee, as well as other employees,

participate in the decision-making process; regular feedback,

communication, consultation and training have resulted in the

following initiatives:

the redesign of work areas in Ebène and Port Louis

first Aid training

eye screening

provision of footrests

installation of diffusers below air conditioning units

development of “Accident at Work Procedures”

replacement of water fountain and provision of individual

drinking bottles

weekly inspections during construction of new office space

improved internal communication and general health and

safety awareness

Plans for 2015-2016

inclusion of health and safety aspects in the induction

programme

awareness sessions for specialised roles to reduce risk

factors (e.g messengers, tellers)

continue with Fire Drills (in all locations)

event to coincide with International Safety Day

health screening programmes

ENVIRONMENTAL ACTIONS AND SOCIAL

ISSUES

Futher information is provided on page 164

SOCIAL RESPONSIBILITY

Futher information is provided on page 164

MEETING OF, AND RELATIONSHIP WITH,

STAKEHOLDERS

Futher information is provided on page 30