Purpose: Provide and enforce SOCs’ governance, legal assurance, financial and non-financial performance monitoring, evaluation and reporting systems, in support of the Shareholder Representative, to ensure alignment with Government’s priorities.
Objectives:
Ensure effective shareholder oversight of SOCs on an ongoing basis by:
Comprises the office of the Deputy Director-General, which provides strategic leadership and management for the programmes’ personnel
Provides external legal services and support, including transaction and contract management support to sector teams and the commercial activities of SOCs within their portfolio
Develops, monitors and advises on legislative, corporate governance and shareholder management systems for the Department and SOCs in its portfolio. The sub-programme develops and implements risk and compliance management guidelines and systems for shareholder risk
Analyses SOCs’ capital planning, operational performance, execution of capital programmes and proposed restructuring proposals, and advises on appropriate action