Governance Structure
Board of Directors/Responsible Ministry
KIC is under the portfolio of the Ministry of Finance and Economic Development. The Board constitutes of no more than 5 members appointed by the Minister of Finance and Economic Development. The Board is responsible for policy direction which regularly meets at least once in a month.
Internal Structures
The Board and the Executive Management team of KIC should work together to identify major milestones and performance standards to be achieved within the 2008-2011 period. The divisions of KIC will prepare Annual Divisional Work Programme (ADWP) that will be first screened and approved for submission for final approve by the Board.
Performance Reporting/Supervision
The Board of Directors will monitor the progress of the achievements of Divisional Annual Work Programme through Progress Report made on quarterly basis. The Executive Management is required to make the first monitoring before submitting the quarterly progress report to the Board for consideration and approval.
Work plans
Work plans would be formulated on a monthly basis to reflect the plans objectives which would become measurement of performance of each staff.
