Aluminium Bahrain (Alba), the Bahrain-based leading aluminium producer, has demonstrated its dedication to strengthen sound corporate governance practices by relaunching its ‘Code of Conduct’ as well as its confidential reporting system ‘Integrity Line’.

The launch took place today (May 14) at the Oasis Hall, and was attended by Alba’s chief executive officer Tim Murray, executive management and managers, said a statement.

The launch programme included speeches, a training video and presentations, it said.

Murray said: “Our company has always upheld the highest standards of ethical and professional behaviour as well as practices of transparency, fairness and continual improvement.”

“We are proud of the open and transparent manner in which Alba operates, and are thankful to our chairman, board of directors, management team and employees for their strong support towards safeguarding the company as well as shareholders’ values,” he said.

“We remain committed to exceed the best industry practices in Corporate Governance standards at all times,” he added.

Alba's chief internal auditor and risk officer Bryan Harris added: “The Code of Conduct and IntegrityLine are key elements of our continued dedication to strengthening its corporate governance and instituting best practices within the company.”

“As a public listed company, we are committed to operating its business to the highest ethical standards and in the best interest of its stakeholders,” he said.

Alba was one of the first companies in the region to launch its own ‘Code of Conduct’ and confidential reporting system in 2009. The updated Code of Conduct will be rolled-out through a company-wide communication and training plan in the coming weeks under the theme ‘Shining a light on Integrity’, it stated. – TradeArabia News Service