Organizational Structure
There are no translations available.

Corporate Governance:

The ultimate responsibility for the management and operations of Addis-Modjo Edible Oil Complex S.C lies with the governing bodies of the company, which is clearly stated in MOA and AOA.
These bodies are the General Meeting of Shareholders, the Board of Directors and the Executive Director. Further, the Management Committee, operating under the authority of the ED, has been formed for the efficient management of the company.

The governance principles applicable to the company are a combination of the Commercial Code, the Memorandum of Association, the Articles of Association approved by the General Meeting of Shareholders and Corporate Governance Policy approved by the Board of Directors.

Board of Directors

The role of the BOD is to oversee the business, assets, affairs and performance of the Company in the best interests of its shareholders. The BOD focuses its activities on the key requirements of the Company, such as corporate strategy, evaluation of performance of the ED and other senior executives of the Company, succession planning and the Company's business practices.

Management Team Summary

The Management of Addis Modjo consists of ten staffs with accumulated years of related experiences in the industry and are well versed in industry fundamentals, educated in different disciplines and share a vision for the successful positioning of the Company within the industry.

Management team consists of the Executive Director, Finance & MIS Director, Directors of Operations (Addis Ababa and Modjo Factories), Customer Development Chain Director, Logistics & Supply Chain Director, HRM & Administration Director, Planning & Business Development Manager, Quality Mgt, R & D Manager, Technical Affairs’ & Projects Manager, Audit & Internal Control. The role of the Management Committee is to manage the company’s business as a whole. Committee members have authority within their individual areas of responsibility and have the duty to develop the company’s operations in line with the targets set by the BOD and the ED. Management Committee meetings are convened by the ED on a regular basis. Minutes shall be kept for each meeting.