BOARD OF DIRECTORS

The Board of Directors is composed of the following members:

·        Eng. Tawfiq Habashneh(the Board Chairman), Secretary General, Water Authority of Jordan (WAJ)

·        Dr.Saleh Al-Kharabsheh(Board Member), Secretary General, Ministry of Planning and International  Cooperation (MoPIC)

·        Mr.Ahmad Qatarneh (Board Member), Secretary General, Ministry of Environment (MoE)

·        Mr. Walid Al-Otoom(Board Member), Secretary General, Ministry ofMunicipal Affairs(MMA)

·        Mrs. Nuha Ma'ayta(Board Member), President, General Federation of Jordanian Women (GFJW)

·        Mr.Faris Hamoudeh (Board Member), Chairman of Zarqa Chamber of Industry

·        Eng. Muttasim Al-Hayari (Board Member), NRMP Director, Jordanian Hashemite Fund for  Human Development (JOHUD)

ROLES

RESPONSIBILITIES

The Board will:

·        Follow the company’s Governing Documents, including its mission to implement the Compact;

·        Participate actively in overseeing the management of the company, including evaluation of its reportsas well as performance of its staff;

·        Oversee and provide direction to the Management Unit;

·        Protect, preserve and manage the assets FINANCED with MCC funding and ensure that MCC funding is used for its intended purposes;

·        Keep written minutes of all meetings held by the Board, which will reflect all decisions made and all actions taken;

·        Ensure that the company’s records and accounts are accurate and complete;

·        Ensure that regular audits of the company by an independent auditor are performed on a periodic basis and at least once for each fiscal year;

·        Actively engage with and consider the recommendations and advice of the Management Unit made pursuant to Article (8) of these Memorandum of Association, and, if the Board deems advisable, request that the Stakeholders Committee provide responsive information and documents to the Board or, as applicable, to the Management Unit; and

·        Prepare the year-end Financial Statement and its cash flow statement that shall be audited by a certified auditor in accordance with accounting and auditing international certified standards. The Board shall also prepare the company’s year-end profits and losses account, other necessary clarifications and the annual report regarding the company’s operations. All said shall be presented to the General Assembly of the company at their annual ordinary meeting, and submit a copy of same to the Controller of Companies attached with relevant recommendations before the end of the first quarter of the new fiscal year.

MINUTES OF MEETINGS