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The Board of Directors and Management, i.e. officers and staff, of IPVG Corp. (hereinafter, the “Corporation”) hereby commit themselves to the principles and best practices in this Manual, acknowledge that the same guide the attainment of our corporate goals.
This Manual shall institutionalize the principles of good corporate governance in the entire organization.
The Board of Directors and Management, employees and shareholders, believe that corporate governance is a necessary component of what constitutes sound strategic business management and will therefore undertake every effort necessary to create awareness within the organization as soon as possible.
2. COMPLIANCE SYSTEM
2.1. Compliance Officer
2.1.1. To ensure adherence to corporate principles and best practices, the Chairman of the Board shall designate a Compliance Officer who shall hold the position of a Corporate Secretary. He shall have direct reporting responsibilities to the Chairman of the Board.
2.1.2. He shall perform the following duties: