In conducting the organisation’s business affairs, PSA lnternational’s Board of Directors adheres to a prudent and strategic approach, considering shifts in the industry landscape, sustainable growth and financial performance.

The Board convenes quarterly to evaluate investment opportunities and chart the company’s future direction. Budgets and audited accounts are approved annually. Decisions are made by a majority vote, with the Chairman casting the deciding vote in the event of a tie.

The Board is supported by the following Committees, each focused on specific areas of governance and operational oversight:

The AR&F Committee is responsible for guiding and overseeing policies related to financial reporting, external and internal audits, internal controls and risk management. The Committee regularly reviews the effectiveness of control procedures to identify and mitigate significant risks. It also assesses the reliability of management reporting, ensures compliance with applicable laws and regulations, and reviews the statutory accounts. Additionally, the Committee advises on funding strategy for major capital expenditures and investments.

The LDCC oversees leadership development and talent management. It designs competitive compensation packages with a focus on long-term sustainability of the business and maximising shareholder value. Additionally, it is responsible for implementing leadership programs, grooming talent, and ensuring that potential successors are prepared for key leadership roles. It also conducts performance reviews and approves remuneration of the senior management.

The BD&I Committee plays a key role in reviewing and strategising PSA’s long-term position, performance, and growth trajectory. It oversees major investments, divestments and capital expenditures, ensuring alignment with PSA’s overall strategy and objectives.  

PSA and its board committees hold themselves to the highest standards of governance in every decision and action they undertake. We are committed to conducting our business with integrity, transparency and accountability, in line with the PSA Code of Business Ethics & Conduct. Every step we take is guided by our commitment to ethical business practices and long-term value creation for all stakeholders.