Prior to my assumption of office, it was becoming quite clear that our Company had not been performing to its full potential in recent years. BPN was in a comfort zone afforded by it’s long storied history and the considerable goodwill built up over the last 60 years. However, as the saying goes, ‘numbers don’t lie’ and our recent history of results affirmed that this assessment was unfortunately factual. It became self-evident that positive disruption was required and the foundation for that process was honest self-assessment.
Abi Allison Ayida – Chairman
This Report, approved by the Board of Directors, provides a general and comprehensive overview of the corporate governance system adopted by Berger Paints.