Batelco is committed to principle-based, value-driven corporate governance. This means going beyond meeting minimum legal and regulatory requirements for disclosure and control, to achieving and sustaining leading practices in corporate governance.

Corporate governance is the system by which Batelco is directed and controlled. This system works interdependently with other business functions to ensure the achievement of Batelco’s mission, vision, values and objectives.

Batelco’s values are to be familiar, trustworthy, confident and inspirational to our shareholders, customers, colleagues, suppliers, partners and the people of the communities we serve.

Our corporate governance principles are based on, and consistent with these values:

Familiar: Batelco believes in transparency. Batelco’s corporate governance clearly articulates the purpose and priorities of the firm, and clearly discloses financial and non-financial performance in each of these priority areas. All stakeholders should be enabled to have a common understanding of Batelco’s strategic direction and results.

Trustworthy: Batelco believes in integrity. Batelco’s corporate governance ensures that a high ethical standard is maintained throughout the firm, board, management and staff, that information is reliable, and that stakeholders are treated fairly. Batelco takes seriously the fiduciary trust placed in it, and its employees, to safeguard and steward resources belonging to others.

Confident: Batelco believes in performance. Batelco’s corporate governance is a means towards an end, ensuring the allocation of resources to the highest uses, and the achievement of strong, sustainable results: adding value to shareholder returns, customer service, employee satisfaction, and the well-being of communities. Clear lines of authority and accountability throughout Batelco aim to eliminate inefficiencies and improve working relationships.

Inspirational: Batelco believes in going beyond structure to embrace a culture of continuous learning and innovation. Batelco’s corporate governance is a journey, rather than a destination, leading the way and being a living example to companies and individuals. By striving to set a high standard, Batelco’s stakeholders, including all employees, will be encouraged to achieve their full potential.