Page 48 - Continental Reinsurance 2022 Annual Report
P. 48

46 Directors' Report

dedication to ethical conduct and responsible business      communication and employee relationship initiatives
practices. Our whistleblowing policy is a vital             based on feedback and changing needs. Our goal is to
component of this commitment, providing a secure and        create an environment where every employee feels
confidential channel for individuals to report concerns     heard, valued, and empowered.
and help us maintain the highest standards of integrity
within our organization. We are proud to include this       In summary, our company is dedicated to fostering a
policy as a reflection of our values in our annual report.  culture of open communication, strong relationships,
                                                            and employee well-being. By prioritizing these aspects,
13.7. Internal communication/employee                       we aim to create a positive and supportive workplace
relationship                                                where our employees can thrive and contribute to our
Internal communication and employee relationships are       company's success.
crucial aspects of our company's culture and operation.
We recognize that effective communication and strong        14. External Auditors
relationships among our employees are essential for a       The External Auditors, Messrs.
harmonious and productive work environment.                 PricewaterhouseCoopers, have indicated their
                                                            willingness to continue in office as Auditors of the
We prioritize open and transparent communication at all     company and in accordance with Section 408 (b) of the
levels of the organization. Regular updates, town hall      Companies and Allied Matters Act 2020, a resolution
meetings, and departmental briefings ensure that            was passed at the Annual General Meeting authorizing
employees are informed about company news, goals,           the directors to fix their remuneration.
and performance.
                                                            BY ORDER OF THE BOARD
We have established feedback mechanisms that
encourage employees to share their thoughts, concerns,
and suggestions. This includes anonymous suggestion
boxes, regular surveys, and one-on-one meetings with
managers.

We have a clear and fair conflict resolution process in     Patricia N. Ifewulu (Ms.)
place to address any issues or disputes that may arise      Company Secretary
among employees. This ensures that conflicts are            FRC/2014/NBA/00000007697
resolved promptly and professionally.                       17 Olosa Street, Victoria Island (3rd – 5th Floor),
                                                            Lagos.
The well-being of our employees is a top priority. We
offer comprehensive health and wellness programs,           Dated: July 28, 2023.
flexible work arrangements, and support for work-life
balance to help employees maintain a healthy and
fulfilling life both inside and outside of work.

We provide opportunities for career growth and
advancement within the company. This includes
mentorship programs, career planning discussions, and
access to resources for skill development.

We have a robust recognition and rewards system in
place to acknowledge and celebrate the
accomplishments and contributions of our employees.
This includes performance bonuses, awards, and public
recognition.

We continuously evaluate and improve our internal
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