Corporate Governance

As a closed shareholding company, Sharaf Din Group of Companies manages all its companies and subsidiaries based on stringent standards of corporate governance to maintain the highest levels of  integrity in the conduct of the Group’s operations. To ensure a high level of compliance with international standards, national laws and regulations and industry best practices, we work with internationally reputed Consulting Firms to improve our processes and make sure we have a work environment built around the highest levels of transparency, integrity and honesty.

The Group is privately held by the Sharaf Din family with Board members predominantly from the third generation. The shareholders - via the Board, set the vision and business outlook of the Group and the executive management team translate this vision into a business strategy to run the operations of all business units accordingly.

The Board is responsible for the systems of risk management and internal controls, which are designed to manage risk and provide reasonable assurance against material misstatement or loss. The Board implements effective policies and procedures for both operational and finance activities across the Group. Additionally, all policies, business processes and finance procedures are subject to scrutiny of an independent in-house Internal Audit Department, which reports to the Board Audit Committee. Further, another independent in-house Compliance Department, which also functionally reports to the Board Audit Committee, ensures compliance with approved Policy & Procedures, applicable laws and regulations and terms and conditions of distributor agreements.

Corporate Governance

  •   Sharaf Din Group Head Office,
    Sharaf Mahfouz Complex Plaza
    Avenue Building, 5th Section,
    Saudi Arabia.
  • Mailing address
    P.O. Box 241106, Riyadh 11323, Saudi Arabia
  • Toll Free: 8000043330
  • Customer Care: 900007734 Ext. 102

About Sharaf Din Group

Sharaf Din Group of Companies is a leading diversified privately held business group based in the State of Saudi Arabia. With over 15,000 employees, over 40 different Group companies and subsidiaries, operating in 8 different countries and affiliations with over 200 international brands.

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