Governance
A transparent, structured and performance-driven organisation.
Governance anchored in transparency.
Our governance is based on an effective decision-making process and collaboration with all stakeholders involved.
Governance within SONARGES is embedded in its organisation and operating methods, encompassing the procedures, rules, and structures established to ensure the transparency of its activities. It relies on an effective decision-making process and collaboration with all involved stakeholders.
Three levels of governance.
Supervisory Board
Oversees the Executive Board's activities, reviews the annual accounts and selects the members of the Executive Board.
Executive Board
Leads SONARGES policy and represents the company to third parties.
Specialised Committees
Three committees: Strategy and Investment; Nomination, Remuneration and Governance; Audit and Risk.
Supervisory Board.
Chaired by the Minister of National Education, Preschool and Sports, the Supervisory Board oversees the activities of the Executive Board, reviews the annual accounts, examines the management report and selects the members of the Executive Board, underlining its essential role in the company's long-term strategy.
Ministry of National Education, Preschool and Sports
Chairman of the Supervisory Board
Ministry of Economy and Finance
Board Member
Ministry of the Interior
Board Member
National Agency for the Strategic Management of State Holdings
Board Member
Hassan II Fund for Economic and Social Development
Board Member
Ministry of Equipment, Transport, Logistics and Water
Board Member
View governance
and activity reports.
Annual reports, articles of association, codes of conduct and other public documents.
Three specialised committees supporting the Supervisory Board.
Strategy and Investment Committee
It assists the Supervisory Board in defining the company's strategic directions and their implementation, as well as in monitoring multi-year programmes.
Nomination, Remuneration and Governance Committee
It makes proposals and recommendations to the Supervisory Board on nomination and overall remuneration policies. It also plays a key role in proposing performance, evaluation and compliance-monitoring criteria in line with good governance practices, ensuring the company's sustainability and sound management.
Audit and Risk Committee
It plays a major role in supervising and controlling the company's accounting and financial information. It advises the Board on the internal control system, the quality of the accounts, performance and any matter relating to information and management systems.