Conscious that confidence
in the company is one of the fundamental pillars for attainment of the proposed
objectives, this leads us to a constant and careful consideration about the
best way for the partnership society’s organization and creation of mechanisms
intended for inspection and control, aiming at reinforcing its credibility and
robustness.
In this way, the Millennium
bim is not only deeply aware of different models recommended and implemented
worldwide and at the national extent, but also actively participates in
initiatives launched at several levels about the best partnership society
management practices.
As a result of such
initiative, which takes into account appropriate dynamic of partnership society
life, and the particulars that make it different from others, setting it as
unique, the Bank has adopted and will still adopt practices that may contribute
to secure:
-
Transparency in governance
practices and decision making procedures;
-
Independent inspection and
control of its implementation; and
-
Effective and informed
participation of the shareholders in the business partnership life.
The information herein
provided with is intended for divulgation, as clearly and as comprehensively as
possible, the practices of the Business Partnership governance implemented by
the Bank. This model is reflected in the set of the business partnership’s body
parts as follows:
