DELEGATION AND OVERSIGHT FRAMEWORK
DTC maintains a clear and comprehensive Delegation of Authorities (DoA) Framework that enables efficient decision‑making while ensuring strong governance and accountability. The framework supports operational agility, maintains alignment with legal and regulatory requirements, and reinforces the separation between oversight and management.
Enhancements in FY 2025 I
Improved clarity of authority limits across functional areas
Strengthened reporting and escalation requirements for delegated decisions
Expanded flexibility for operational teams to respond to evolving business needs
Integration of risk‑based thresholds to enhance control and transparency
Key Elements of the Framework
- The DoA Framework is periodically reviewed to reflect organisational developments, business priorities, regulatory changes, and governance best practices. This ensures continued relevance and effective application across the Company.
- Operational leaders are empowered to make decisions within defined authority limits
- Strategic matters such as major investments, financing, and risk thresholds remain reserved for Board approval
- Oversight mechanisms ensure delegated authority is exercised responsibly
- The DoA Framework is aligned with DTC’s Articles of Association, UAE laws, and relevant regulatory codes. All delegated decisions must comply with governance requirements and support DTC’s strategic objectives.
- The framework defines the authority levels of the Board, Board Committees, CEO, and Executive Management. This clarity prevents overlaps, strengthens accountability, and enhances transparency.
- In line with the Articles of Association, the CEO is delegated authority by the Board and shareholders to oversee day‑to‑day operations and execute decisions within approved limits. This supports efficient management while maintaining accountability to the Board.