4. • Mian Umer Mansha Chief executive officer
• Mian Hassan Mansha Chairman
• Mr. khalid Qadeer Qureshi Director
• Mr. Saeed Ahmad alvi Director
• Syed Zahid Hussain Non executive director
• Ms.Nabiha Shahnawaz Cheema Non executive director
• Mr. Maqsood Ahmad Executive director
Board of directors
10. ‘‘The purpose of this policy is to provide channel to raise concerns
of any violations of legal or regulatory requirements , in correct
or any financial statements and reports etc without fear of
punishment or unfair treatment.’’
Concerns
• Unlawful activity
• Against code of conduct
• Incorrect financial reporting
Nishat whistleblowing policy
13. Managing director /legal advisor/non
executive director
committee
General manager
Internal auditor
HR manager
Chief financial
officer
Access to channel
14. In step one whistle blower will blow a whistle to
recommended channel (managing director , legal
advisor , non executive director)
Step 1
15. In this step the Channel (managing director , legal
advisor , non executive director) will share the
concerns with whistle blowing committee and this
committee will be responsible for next investigation
of case.
Step 2
16. This step is related with complete
investigation process.
Step 3
Further information
about case
Truth of
whistle
Nature and severity of loss
Assigning of code
17. Finally after complete investigation a written report
with all proof and signatures of investigation teem
,will be presented to GM (general manager) for further
step.
Step 4
18. Now ,GM will award the whistle blower if his Whistle
save company from loss ,and to the guilty(against
whom whistle was blower) with sticks as par the
severity of loss to company.
Step 5
20. In writing.
In specified form.
Form must fill completely.
Give all necessary and important information.
Can add extra information other than ,specified in
form
Procedure of reporting
22. • Assigning of a code.
• Investigation procedure.
• Presentation of written report to MD.
• Resolve concern within 60 days.
• Respond to whistleblower in 3 days.
• Necessary actions against concern.
• Maintain record for 3 years.
Steps to handling concerns
23. Secrecy of whistleblower’s identity
Form would be attached to salary envelope
Have option of direct access to higher authority
After investigation sharing of outcomes with whistleblower.
Whistleblower’s protection
24. Positive Negative
If in good faith
then no step will
be taken
As par the severity
of loss
Action against wrong information
25. • Rewards will be given on the bases of loss and case severity
• He will be awarded with reward if he secure the company from any financial
loss
• Secure the market position
• Punishments would be as par loss amount that Nishat will face due to wrong
doing
Carrots and sticks
26. When internal channel is
not taking action within
one week then
whistleblower is allowed
to report to external party
Reporting to External channel
27. Channel
Head of Nishat group
Head of Nishat
Save reputation
Maintain
secrecy
External channel
28. Non violation of company’s right
Any kind of law can’t
prohibit and interfare
in company’s law for
taking action against
whistle blowing.
29. Board audit committee will be
responsible to check the effectiveness
and analytical criticism of
whistleblowing programme
Monitoring and review of policy