Grant Thornton Aruba: Corporate Governance Services
Grant Thornton Aruba
The Grant Thornton Aruba office has been delivering professional services for over 75 years. Our clients benefit from access to global resources through Grant Thornton International Limited’s network of member and correspondent firms, all while receiving personalized attention from our team based in Aruba. With a workforce exceeding 50 professionals, including two partners, our Aruba office ensures tailored service and top-tier quality in Assurance, Advisory, Tax, and Business Process Solutions. Our dedicated team prioritizes building lasting relationships with our clients and meticulously listens to your requirements to deliver the utmost quality. Operating seamlessly across departments, we function as a unified team to provide you with unparalleled quality and client satisfaction.
A Journey Beyond the Code
At Grant Thornton Aruba, we believe that in today’s business landscape, the essence of good Corporate Governance (CoGo) extends far beyond a ‘tick-the-box mentality’ and only adhering to Codes. We are committed to spreading awareness about the crucial role of good Corporate Governance, which we believe is an essential part of the organizational culture that must be nourished at every level of the organization to steadily improve the organization’s performance in such a way that its growth is also aligned with the organization’s values.
Our approach to Corporate Governance is pragmatic:
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We begin by understanding your business, industry, and specific governance and compliance needs.
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We help you develop and strengthen governance structures and practices that address shareholder and stakeholder expectations.
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And we do so within the boundaries of operational and commercial acceptability.
Grant Thornton Aruba provides Corporate Governance services in five main areas:
Area 1: Corporate Governance Readiness Assessment
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Assess an organization’s current governance practices against the new Corporate Governance law requirements and Corporate Governance best practices. This assessment will help identify areas of compliance, gaps, and the necessary steps to align with the new regulations.
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Formulate recommendations to address identified gaps.
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Develop a timeline and action plan for implementing necessary changes to achieve full compliance.
Area 2: Grant Thornton Corporate Governance Maturity Model
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Assess an organization’s current Corporate Governance Maturity level using the “GTA CoGo Maturity Model.”
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Formulate a development journey plan “Beyond the Code” to elevate the Corporate Governance Maturity level of the organization.
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Implement Positive Change Management to support this development journey.
Area 3: Support organizations with the formulation of regulations, policies, and procedures in line with the Corporate Governance laws and regulations
We can support organizations with the formulation of, among others, these governance documents:
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Conflict of Interest Regulations
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Selection and Appointment Procedures for Directors and Supervisory Board Members
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Preparation of a Succession Plan for Directors and Supervisory Board Members
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Development of Training and Education Program for Supervisory Board Members
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Development of an Introduction Program for Supervisory Board Members
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Preparation of Plan for Appointment and Reappointment of Supervisory Board Members and Succession Plan
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Preparation of Regulations for Task Distribution and Working Methods of the Supervisory Board
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Internal Procedures for Financial Information
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Preparation of Management Report (Long-term Vision and Strategy, ESG Strategy, Risk Assessment, Risk Management and Control, Organizational Culture, and Long-term Value Creation, Compliance with Code of Conduct)
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Work Plan for Internal Audit Function
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Design of Internal Risk Management and Control Systems
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Design of Multi-Year Business Plan
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Formulate job profiles for Directors and Supervisory Board Members
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Formulate Code of Conduct
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Formulate Corporate Governance Charter
Area 4: Provide training and workshops
Grant Thornton Aruba provides training on:
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The fundamentals of Corporate Governance
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Roles and responsibilities of Directors
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Roles and responsibilities of Supervisory Board Members
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Roles and responsibilities of the Internal Audit Function
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Positive Change Management
Area 5: Other support
- Support organizations with Board self-assessment for the Board of Directors and Supervisory Board members.
Multidisciplinary Grant Thornton Team
At our firm, we pride ourselves on offering a comprehensive suite of corporate governance services designed to meet the unique needs of entities across industries. Together, our team provides a holistic approach to corporate governance. We are committed to delivering high-quality services that not only meet regulatory requirements but also support your strategic goals. By partnering with us, you gain access to a multidisciplinary team dedicated to supporting your organization’s success.
Interested in how we can support your Corporate Governance needs?
Contact information:
Hans Ruiter – Partner Tax
D +297 522 1630
M +297 594 1647
Shelby Maduro – Director Advisory
D +297 522 1620
M +297 593 3185
Together, we’ll bridge the gap between theory and practice, empowering you to implement robust governance frameworks in your organization.
Website: https://www.grantthornton.aw/events/corporate-governanCE/
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